(Bloomberg) — U.S. futures dropped with European stocks as the highest oil prices since 2014 stirred fears that a spreading energy crunch will derail the global pandemic recovery.
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West Texas Intermediate crude rose past $80 a barrel and China’s coal futures reached a record as flooding shuttered mines. European equities were modestly lower, with declines led by travel companies. U.S. contracts also slipped, with those on the tech-heavy Nasdaq 100 underperforming the…
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