Stocks fluctuate as oil prices stabilize ahead of US.-Iran negotiations
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Stocks on Wall Street fluctuated as oil prices stabilized ahead of planned US-Iran talks, with the S&P 500 falling 0.1% and the Dow Jones Industrial Average falling 259 points. The market remains uncertain due to the ongoing conflict and its impact on oil prices and inflation, with negotiators from Iran and the US preparing for high-level talks on Saturday.
Stocks wavered on Wall Street as oil prices held steady ahead of US-Iran talks. The S&P 500 fell 0.1% and the Dow Jones Industrial Average fell 259 points. The Nasdaq composite rose 0.3%. Oil prices have surged since the war began, with Brent crude oil rising to $96.58 and US crude oil prices slipping to $97.63. The conflict has led to surging inflation in the US, with the biggest spike in four years reported in March. Negotiators from Iran and the US are preparing for high-level talks on Saturday, amid uncertainty and concerns about the impact on the economy.
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