Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The SPDR S&P 500 ETF Trust ($SPY) experienced a sharp, high-volume price drop at the market close, falling to approximately $731.23. This volatility is attributed to reports of new US military strikes in the Strait of Hormuz. The provided 1-minute chart highlights a significant red candle and a spike in trading volume coinciding with the geopolitical news.
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