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The Economic Times

Business

Stocks waver on Wall Street while crude oil prices fall for the first time in a week

Oil Inflation Iran Economy Europe United States

Stocks drifted to a mixed finish on Wall Street Friday as oil prices slipped for the first time in a week.

Every major index lost ground overall for the week amid increasing pressure from a sharp escalation in the U.S. war with Iran. Investors are also contending with new tariffs from the Trump administration and worries about the economy suffering under the weight of stubborn inflation.

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