Oil Nears $100 as Dow Dips and Pharma Slumps Across Markets
TL;DR Summary
Oil prices edge toward $100 a barrel as Brent crude climbs while U.S. stocks slide: the Dow falls about 1.2%, with the S&P 500 and Nasdaq also lower, led by weakness in healthcare/pharma shares amid higher borrowing costs and geopolitical tensions between the U.S. and Iran.
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