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US stocks erase sharp losses, while oil prices leap on worries about Iran war

NEW YORK (AP) — Oil prices leaped on worries that war with Iran could clog the flow of crude, while U. S. stocks swung from sharp losses to small gains. The S&P 500 fell as much as 1. 2% Monday, and cruise lines and airlines led the way lower on worries about higher fuel bills. But U. S. stocks quickly erased those losses, in part because past military conflicts haven’t usually created sustained drops for the market. The index finished with a gain of less than 0. 1%. The Dow added 0. 2%, 0...

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