US stocks rose sharply after the US and Iran reached an interim deal to reopen the Strait of Hormuz, sending oil prices lower and easing concern about inflation ahead of Kevin Warsh’s first meeting as chairman of the Federal Reserve this week. SpaceX shares advanced, helping boost risk-on sentiment.
US stocks rose sharply after the US and Iran reached an interim deal to reopen the Strait of Hormuz, sending oil prices lower and easing concern about inflation ahead of Kevin Warsh’s first meeting as chairman of the Federal Reserve this week. SpaceX shares advanced, helping boost risk-on sentiment.
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