Dow loses more than 780 points as oil tops $80 per barrel

Stocks closed Thursday with losses as the escalating war in Iran and the Middle East drove oil prices higher. The Dow Jones Industrial Average closed with a loss of 784 points, a decline of 1.6 percent after falling more than 1,100 points earlier in the day. The S&P 500 index closed 0.6 percent lower, and...