Stocks Rebound as Trump Hints at Iran Conflict End
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Wall Street stocks rallied Monday, closing higher after Trumps hint of a swift resolution to the U.S.-Israeli conflict with Iran. The S&P 500, Nasdaq, and Dow all gained, despite early drops due to soaring oil prices. Investors remained jittery over the conflicts timeline, fueling stagflation fears and market volatility. Chip stocks led the rebound, while homebuilders and banks suffered. The Fed is expected to keep rates steady, but this weeks economic data could shift market sentiment.
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