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Wall Street hits record as S&P 500 continues 2-week rally on Iran war hopes

U.S. stock markets reached record highs, with the S&P 500 rising 0.8%, driven by optimism that the conflict with Iran may be nearing resolution. Investors are hopeful after reports of a U.S.-Iran ceasefire agreement in principle, aiming to restore global oil flow and prevent further economic disruption.

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