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Wall Street opens slightly lower driven by market anxiety over crude oil prices, tariffs and Russia-Ukraine conflict

IndiaTimes Monday, 2 June 2025
US stock markets opened slightly lower, relinquishing some gains from May's strong performance. The decline was influenced by a surge in crude oil prices, driven by both Ukrainian strikes within Russia and OPEC+'s output decision. Energy stocks rose, while steel shares gained following President Trump's announcement of increased steel import tariffs to protect the domestic industry.
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