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US500 Soars as US-Iran Peace Deal Sends Oil Prices Tumbling

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The Story

News Summary

  • US stock futures jumped as a historic US-Iran peace deal to reopen the Strait of Hormuz lowered oil prices and inflation fears.
  • This geopolitical breakthrough, combined with SpaceX's massive $2 trillion IPO debut, strongly boosted investor appetite for equities and growth assets.
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BRENT price history

108.13 +66.56% over the displayed period

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