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Market Impact: 0.65
European Shares Edge Higher On US-Iran Truce Hopes
Source: Nasdaq
Geopolitics & WarEnergy Markets & PricesInterest Rates & YieldsInvestor Sentiment & Positioning
European stocks rose on Friday and were positioned for a weekly gain as the government-debt sell-off eased and oil prices retreated from recent highs. The move followed reports that Iran submitted a proposal to the U.S. to end the conflict and reopen the Strait of Hormuz, potentially reducing risks to global energy supplies and broader markets.
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