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Oil increase impacts US stocks
Oil prices rose again, putting pressure on the U.S. financial markets, especially stocks related to artificial intelligence. The Nasdaq index declined by about 98 points (0.37%) to reach 26,332.92 points. The S&P 500 index fell by approximately 11.7 points (0.15%) to 7,679.01 points, while the Dow Jones index remained nearly unchanged from its previous close. Investors are concerned that rising energy costs could impact inflation and corporate profits, as they await the results of major companies this week to assess their ability to sustain earnings growth amid higher financing and energy costs.
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