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✉news BusinessMarkets first seen 6 d ago, last 6 d ago, peak #20

US stocks slip from record highs as oil prices climb

Original: US stocks edge further from their record as oil prices rise | National News | 2news.com

US stock markets edged further away from their record levels as oil prices rose. Rising crude prices are drawing investor attention, with traders weighing the impact of higher energy costs on inflation and company profits. The pullback comes after a strong run that had pushed indexes to all-time highs.

Why now: Rising oil prices are putting pressure on equity markets that had been trading at record levels, raising concerns about inflation.

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