Stocks slip as oil edges toward $100 amid inflation and Middle East worries
All three major U.S. indices dipped Tuesday, while oil flirted with $100 a barrel. Investors fretted over potential inflation concerns and ongoing conflict in the Middle East.
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09:00:05 PM UTC
SquawkNews
By Jamie McGeeverA mood of nervous caution hung over U.S. markets on Tuesday, as flaring hostilities in the Middle East pushed oil to a six-week high and Brent crude futures close to $100 a barrel, while the Japanese yen extended its strong gains to hit a seven-month high against the dollar.In my c…
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