US stocks fell in morning trading, while oil prices rose, as talks between Russia and Ukraine yielded little progress and inflation readings reached a new 40-year high.
The S&P 500 declined about 0.9% Thursday, while the tech-focused Nasdaq Composite Index fell 1.6%. The Dow Jones Industrial Average was about 0.7%, or 231 points, lower. All three indexes broke a four-session losing streak Wednesday, when oil prices declined from recent highs but remained above $ 100 a barrel.
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