The Dow plunges more than 550 points as inflation and Israel-Iran tensions rise
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Stocks fell Friday amid big bank earnings reports, rising inflation, and geopolitical tensions in the Middle East. The Dow Jones Industrial Average was down 557 points in late-afternoon trading, or 1.4%, to 37,902. The S&P 500 fell about 1.6% and the Nasdaq dropped about 1.7%.