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Posted 4 hours ago
Navitas Semiconductor Stock Soars on Iran War Resolution Hopes
Stock markets rallied today as investors grew optimistic about potential resolution to Iran conflict and SpaceX IPO developments. Navitas Semiconductor shares led gains in the tech sector. Risk-on sentiment boosted risk currencies against safe havens like USD and JPY. The geopolitical optimism could weaken traditional safe-haven demand, affecting major pairs as traders shift toward higher-yielding assets.
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