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S&P 500 Surges as Plunging Oil Prices and Bargain Hunting Spark Wall Street Rally

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The Story

News Summary

  • Wall Street rebounded sharply as crude oil prices retreated below $100 per barrel following diplomatic developments in the Middle East.
  • Investors engaged in bargain hunting and largely shrugged off hotter-than-expected core CPI data, driving broad gains across tech, hardware, and airline sectors.
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