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Stock Futures Retreat From Highs as CPI Data Looms, Oil Climbs

Bloomberg Tech · May 12, 2026, 12:15 PM · Also reported by 2 other sources

Traders pulled back from risk assets ahead of a crucial inflation reading, with a torrid run in US equities running out of steam as worsening tensions between Washington and Iran sent oil prices higher.

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Stock Futures Retreat From Highs as CPI Data Looms, Oil Climbs

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