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Peace deal hopes boost Wall Street stocks despite latest US strikes

Al-Monitor United States
Peace deal hopes boost Wall Street stocks despite latest US strikes
Wall Street stocks mostly rose Tuesday, lifting the S&P 500 and Nasdaq to fresh records on hopes for a Middle East peace deal. The gains came despite a jump in Brent oil prices after US military strikes on Iran prompted worries about a military rebuttal from Tehran. "Risk-on winds are dominating Wall Street today as progress on the US-Iran negotiations raises optimism concerning a sustained retreat in crude oil and yields," said Jose Torres of Interactive Brokers.
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