Stocks Rally on Iran War Resolution Hopes, Lilly Advances

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Published: 2 hours ago

U.S. equities surged as diplomatic progress on Iran conflict resolution boosted risk sentiment. Pharmaceutical giant Lilly made significant moves in sleep disorder treatments, adding to market optimism. Risk-on sentiment typically weakens safe-haven USD and JPY while supporting risk currencies like AUD, NZD, and emerging market pairs. Geopolitical tension reduction often triggers capital flows from bonds to equities.

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