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US Market News Digest for March 10, 2026
Oil shock slams Wall Street, with
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Oil shock slams Wall Street, with Dow futures losing nearly 2%Dow Jones futures tumbled sharply — down roughly 1.74% — as oil prices spiked. The energy market reacted to a sharp escalation in the Middle East conflict, heightening fears of supply disruptions and pushing prices higher. That is a clear negative for equities: expensive oil increases inflationary pressures and raises the risk of a stagflation scenario, in which slowing growth comes with rising prices. Investors are increasingly taking defensive positions, which
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