The US stocks ended lower on Thursday but saw a good intraday recovery. Traders remained cautious amid the ongoing Middle East conflict and the anticipation of the jobs report. The Dow Jones Industrial Average declined by 0.44%, the S&P 500 fell by 0.17%, and the Nasdaq Composite slipped by 0.04%. US President Joe Biden warned that the US was considering strikes on Iranian oil facilities in response to Tehran’s missile attack on Israel. Meanwhile, Israel continued its military campaign against the Lebanese armed group Hezbollah, with new air strikes targeting Beirut.
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