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The Nexus
WORLDJun 15 · 19:40 UTCWSMV4 NASHVILLEPeter Zampa

Wall Street Rallies as U.S.-Iran Peace Deal Looms

A tentative U.S.-Iran agreement to pause the war and reopen the Strait of Hormuz has caused Wall Street to rally, with stock indexes surging and oil prices dropping. The memorandum of understanding, expected Friday, would temporarily halt hostilities but not finalize a peace deal.

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