Economic TimesLean R·
US stocks: US market slips as oil prices rise, retail results awaited
Wall Street's three major indexes fell on Monday as investors waited for quarterly reports from large retailers to provide insights into U.S. consumer spending, while oil prices rose as the U.S. and Iran appeared no closer to a deal.Oil futures settled up more than $2 per barrel as investor pessimism about diplomatic efforts to resolve the Iran war fanned global supply worries. The gain in oil provided support for the energy index.Investors, with July's weak retail sales and jobs data fres…
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