Market Gains as Iran Signals De-Escalation Amid Ongoing Middle East Tensions

1 min read
Source: CNBC
Market Gains as Iran Signals De-Escalation Amid Ongoing Middle East Tensions
Photo: CNBC
TL;DR Summary

U.S. stocks rose amid reports that Iran seeks a ceasefire with Israel, despite Israeli opposition to one, as geopolitical tensions in the Middle East persist. The conflict has prompted increased defense spending, including AI contracts for the U.S. Defense Department, and influenced market reactions, with gold emerging as a safe haven amid ongoing instability.

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