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Wall Street Rises Ahead of US Midterm Elections

Wall Street indexes climbed as oil prices tumbled on hopes of a US-Iran peace deal. Investors also braced for US midterm elections and busy corporate earnings.

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FILE PHOTO: A screen displays stock market information after the opening bell at the New York Stock Exchange (NYSE) in New York City, US, October 26, 2026. REUTERS/Jeenah Moon/File Photo

United States stocks advanced during Monday morning trade as Brent Crude Oil dropped over 7% following reports of potential peace talks involving Iran and Qatar . The rally provided investors with relief as they weighed upcoming midterm congressional elections and corporate earnings.