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Inflation Relief, Geopolitical Tension | Global News
Published 1 week, 5 days ago
Description
Stocks rebounded Tuesday as inflation cooled to 3.5%—better than feared and easing Fed rate-hike pressure—yet geopolitical tension spiked oil prices amid U.S.-Iran conflict fears. Big tech steadied after a rough patch, but IBM took its worst beating in decades after missing earnings. Banks posted strong profits, but market nerves remain high amid mixed signals.
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