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Trump Rejects Iran Peace Plan, Oil Prices Surge, US Stocks Open Lower

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(Central News Agency, New York, 28th, comprehensive foreign news) U.S. President Donald Trump rejected Iran's proposal to end the conflict, causing crude oil prices to surge, reigniting inflation concerns and pushing up U.S. Treasury yields, with Wall Street opening lower today.

According to Reuters, the Dow Jones Industrial Average opened down 180.1 points, or 0.35%, at 51,648.48.

The S&P 500 opened down 21.7 points, or 0.28%, at 7,721.7.

The Nasdaq Composite Index opened down 133.0 points, or 0.49%, at 26,935.762. (Editor: Yang Zhaoyan) 1150928

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