Oil Surges as Major Indices Open Lower Ahead of Fed Decision

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Source: Barron's
Oil Surges as Major Indices Open Lower Ahead of Fed Decision
Photo: Barron's
TL;DR Summary

The Dow, S&P 500 and Nasdaq opened down as oil prices surged on geopolitical headlines, with traders awaiting the Federal Reserve's rate decision at 2 p.m. ET and digesting hotter inflation signals.

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