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Oil Drops Below $80 Per Barrel; Wall Street Mixed

June 17, 2026
Source: deccanchronicle.com deccanchronicle.com
News Snapshot:
NEW YORK: Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, while U.S. stocks drifted near their all-time highs in mixed trading. The S&P 500 slipped 0.6% and pulled 1.3% below its record set earlier this month. The market was nearly evenly split between stocks rising and falling, and the Dow Jones Industrial Average added 328 points, or 0.6%, to set a record for the second straight day. But drops for some influential tech stocks pulled the Nasdaq composite down 1.2%. Stocks that had benefited from the boom in artificial-intelligence technology...
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