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Wall Street set to open higher as oil slips

Original: Wall St set to open higher as oil slips; telecoms hit by SpaceX spectrum deal

US stock markets are set to open higher as oil prices slip, easing inflation concerns. Telecom stocks are under pressure after SpaceX struck a deal to acquire spectrum, seen as a threat to traditional carriers. Investors are watching how the deal reshapes competition in the telecoms sector.

Why now: SpaceX's spectrum deal is hitting telecom stocks while falling oil supports a stronger market open.

Wall StreetSpaceXtelecoms sector

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Evidence

• Wall St set to open higher as oil slips; telecoms hit by SpaceX spectrum deal · Reuters

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