IllustrativeUS stocks set new highs amid hopes of conflict resolution in the Middle East
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US stocks have reached new highs, with some major indexes such as the S&P 500, Nasdaq, and Dow reportedly setting record highs. The surge is attributed to hopes of resolving a conflict in the Middle East, with some outlets specifically mentioning a potential US-Iran deal. The optimism has also led to a decline in oil prices and has had a positive impact on markets in other regions, including Canada and South Korea.
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