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US stock futures dip as oil tops $100 for first time since July

Wall Street futures fell Wednesday after oil surged past $100 a barrel for the first time since July, as Middle East tensions deepened and investors stayed cautious ahead of inflation data later this week.

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Wall Street futures fell on Wednesday as oil prices moved above the market-sensitive $100-a-barrel level for the first time since July, with deepening Middle East tensions underpinning the move and investors turning cautious ahead of inflation data due later in the week. Traders ha…