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US stocks slip from records as oil prices climb

Original: stock market

US stock markets moved further away from their record highs as rising oil prices weighed on investor sentiment, according to BNN Bloomberg. Traders are watching energy costs closely, since higher oil can push up inflation and pressure corporate margins. The market pullback is drawing attention in the United States and Canada as investors assess whether the rally can continue.

Why now: Rising oil prices are pushing US stocks off record highs, prompting investor concern

US stock marketBNN Bloomberg

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