Stocks rise and oil falls on Iran peace deal reports
Global stocks hit records Wednesday on reports of a potential Iran peace deal. Brent crude fell 6% while AI optimism and strong earnings further boosted shares.
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Global stocks rose and Brent Crude Oil fell 6% to $103.25 on reports of a peace deal between the United States and Iran. The S&P 500 rose 0.7% while Brent hit its lowest price in two weeks. Easing geopolitical tensions and AI-driven growth are fueling a broad market rally across global equity indices.
