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Benzinga
Benzinga
Business
Piero Cingari

Stock Market Today: Nasdaq 100 Falls as Crude Rallies to $88

Crude,Oil,Price,Hike,Graph,Chart.,Stock,Market.,3d,Illustration

U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season.

Oil prices climbed as the U.S. carried out its 11th consecutive night of strikes on Iran, broadening its targets and stoking fears over the flow of crude through the Strait of Hormuz.

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