Stocks reversed intraday losses and closed broadly higher after former President Trump signaled that an end may be in sight for the U.S.-Iran war. The remark triggered a risk-on move that likely removed a geopolitical risk premium, supporting equities and potentially easing pressure on safe-haven assets and energy risk premia.
Stocks reversed intraday losses and closed broadly higher after former President Trump signaled that an end may be in sight for the U.S.-Iran war. The remark triggered a risk-on move that likely removed a geopolitical risk premium, supporting equities and potentially easing pressure on safe-haven assets and energy risk premia.
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moderately positive
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