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Stocks Surge on Iran Truce, Peace Talks Hopes

Published 10 hours ago
Description

Stocks surged to new highs as Iran opened the Strait of Hormuz, boosting hopes for U.S.-Iran talks and easing inflation fears. Energy stocks plummeted, while consumer plays soared. Netflix and Alcoa shares fell on earnings misses. Markets await peace developments for sustained relief.

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This is an automated, high-level news summary based on public reporting.
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