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Oil prices reached their highest levels of 2023, causing worries about a slowing global economy. -
Key inflation data was expected later in the week, with the consumer price index on Wednesday and the producer price index on Thursday. -
The Dow Theory for stocks remained intact, indicating a positive trend in equities. -
Oracle and Casey’s General Stores reported earnings, with Oracle’s stock dropping 9% and Casey’s exceeding earnings expectations. -
Stock futures were little changed shortly after the closing bell.
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