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S&P 500, Dow Hit Record Highs as Earnings Shine, Oil Plunges on Hormuz Deal Hopes

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US stocks hit record highs on strong Q2 earnings and optimism over a potential US-Iran deal to reopen the Strait of Hormuz.
  • Oil prices plunged over 5%, while gold and silver rallied as Treasury yields fell.
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