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Stocks dip as Fed meeting looms, oil climbs on geopolitical fears


NEW YORK (Reuters) - U.S. stocks ended nominally lower on Friday as investors awaited next week’s Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.

Lingering worries over the U.S.-China trade war also weighed on investor sentiment. Weak China data and a warning of a broad slowdown in chip demand from chipmaker Broadcom Inc were the latest signs of fallouts from the tariffs both countries have imposed.

The upcoming Fed meeting, on Tuesday and Wednesday, was seen as pivotal ...


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