Oil prices jump as Middle East tensions rise
U.S. stocks pull back from records as Brent crude surges to 77.62 dollars amid fears of oil disruption from Israel Iran tensions. Markets weigh Fed policy, job data, and growth prospects while Nvidia and Levi Strauss move stocks.
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Dockworkers suspend strike near three day deal
DETROIT The International Longshoremen's Association representing 45,000 dockworkers agreed to suspend a three day strike at East and Gulf coast ports until Jan 15 to allow talks on a new contract. The tentative wage offer rose to 62 percent over six years, subject to member ratification.
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