US stocks edged back from their record highs on Monday as rising oil prices put pressure on inflation and financial markets.
The S&P 500 fell 0.5%, while the Dow Jones Industrial Average dropped 272 points, or 0.5%.
Oil prices accelerated upward in the afternoon, with Brent crude rising 2.7% to $90.87 due to uncertainty about the war with Iran's impact on global oil flows.
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