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Wall St opens mixed on inflation angst as oil breaches $130 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Traders are seen working on the New York Stock Exchange floor in New York City (New York), U.S.A, March 3, 2022. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s major indexes were mixed Monday morning as fears about a Russian ban on oil imports pushed the price of crude oil above $130 per barrel. This raised concerns over slowing growth and spiraling inflation.

The open saw the stock fall by 35.05 points or 0.10% to 33.579.75. Opening bell saw the stock open lower at 4.327.01, or 0.4%. The first bell witnessed the Stock rise by 14.93 points or 0.11% to 13.328.36.

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