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JUN 24, 2014 - TheStreet

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Iraqi Tensions Erase Earlier Intraday Market Highs

NEW YORK (TheStreet) -- U.S. markets deflated from earlier intraday record highs Tuesday as conflict in the Middle East flared. At least 50 people have been killed in the western Iraqi province of Anbar as Syrian warplanes targeted Sunni insurgents zeroing in on Baghdad, The Wall Street Journal reported. U.S. Secretary of State John Kerry is currently in Iraq, urging President Massoud Barzani, head of Iraq's self-governing Kurdish region, to intervene in the escalating conflict. The S&P 500 tumbled 0.27% to 1,957.37 in the afternoon session after surging to an intraday high of 1,968.17 ... Read More

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