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US stocks drift near their records as oil prices rise

NEW YORK (AP) — The U. S. stock market is drifting near its all-time high on Monday, while oil prices rise on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The S&P 500 rose 0. 1% after flipping between small gains and losses, coming off its record set on Friday. The Dow Jones Industrial Average was down 61 points, or 0. 1%, as of 10:30 a. m. Eastern time, and the Nasdaq composite was 0. 1% higher. Momentum is slowing for stocks a rally...

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