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Wall Street loses ground under pressure from rising oil prices

Stocks on Wall Street closed broadly lower Friday as oil prices climbed to their highest level in more than four years, ratcheting up pressure on the market. The S&P 500 fell 0. 5%, adding to its decline from a day before. The index posted its second-straight weekly loss. The Dow Jones Industrial Average fell 1. 2%, and the Nasdaq composite slipped 0. 2% after giving up a modest gain. Rising oil prices weighed heavily on the market, where nearly three out of every four stocks within the S&P a...

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