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4:05pm: US equities end lower on oil spike US stocks closed lower amid surging oil prices and concerns about slowing US economic growth. US oil benchmark WTI crude oil topped $82 a barrel at its session highs before trading around $80 Monday as Goldman Sachs (NYSE:GS) cuts its US economic growth forecast for 2022 to 4% from 4.4% and its 2021 estimate to 5.6% from 5.7%.
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