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Stocks Hit Record Highs as AI Chips Surge, Oil Plunges on Iran Deal Hopes

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The Story

News Summary

  • Stock indices hit record highs led by chip and AI-infrastructure stocks after strong earnings (Palantir, Zebra, Caterpillar).
  • Crude oil plunged 4%+ on US-Iran deal prospects, easing inflation fears and pulling yields lower, though weak economic data added mixed signals.
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504.20 +135.34% over the displayed period

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