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S&P 500 Slides as Surging Oil and Inflation Fears Rattle Wall Street

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The Story

News Summary

  • Wall Street fell as wholesale inflation and rising oil prices renewed concerns over persistent inflation and higher interest rates.
  • Geopolitical risks surrounding Iran are stoking energy costs, raising fears of supply-side inflation that could trigger demand destruction and further pressure broad equities.
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US500 price history

7551.81 +10.26% over the displayed period

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