Oil prices keep rising and weigh on Wall Street
Tensions between the United States and Iran have escalated, pushing oil prices above $100 a barrel for the first time since July. As oil prices rose roughly 3%, stock market investors grew concerned about potential inflation, causing U.S. stocks to decline when trading resumed after a long weekend. The Dow and broader stock markets have continued to fall as oil prices remain elevated.
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The story so far
3 developments- Sep 8Only center coverage:Oil prices keep rising and weigh on Wall Street
- Sep 9Dow drops as oil tops $100 for first time since July
- Sep 9Only center coverage:Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
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3 viewpointsStocks fall on Wall Street as oil prices jump above $100 a barrel after US and Iran war escalates
Stocks fall on Wall Street as oil prices jump above $100 a barrel after U.S. and Iran war escalates
Right
1 viewpointDow falls 350 points as oil jumps above $100 for first time since July