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US stocks slip and oil prices leap with worries that war in the Middle East will worsen inflation

NEW YORK (AP) — U. S. stocks are slipping Monday, while oil prices leap on worries that war in the Middle East will slow the global flow of crude and make inflation even worse. Crude prices jumped 6%, which will likely mean higher prices soon at gasoline pumps. That would hurt not only U. S. households, whose spending makes up the bulk of the U. S. economy, but also businesses with big fuel bills. The S&P 500 slipped 0. 3%, with some of the sharpest losses hitting cruise lines and airlines...

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