Stocks tumble as Wall Street nears longest losing streak in nearly 4 years

TL;DR

Stocks are on track for their longest weekly decline in nearly four years.
The S&P 500, Dow Jones, and Nasdaq all saw significant drops.
Investor unease is fueled by rising crude oil prices and conflicting U.S.-Iran statements.
A decrease in U.S. consumer confidence, particularly among higher-income consumers, is adding to market volatility.
Concerns exist that the conflict will disrupt oil production, leading to a global inflation wave.
Brent crude prices rose to $104.13 a barrel, with potential to reach $200 if the war continues.
Long-term Treasury yields have increased, impacting mortgage and loan rates.
Netflix was among the few stocks to rise, following news of price hikes.

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