US Stocks Hit Records on Iran Deal Optimism, S&P Up 0.44%

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Published: 32 minutes ago

Major US indices reached new all-time highs with S&P 500 gaining 0.44% and Nasdaq up 0.58% following reports of a potential 60-day US-Iran memorandum of understanding. The deal could lead to ceasefire extension and nuclear negotiations, pending Trump's approval. Risk-on sentiment from geopolitical de-escalation typically weakens USD safe-haven demand while boosting risk currencies. Strait of Hormuz reopening discussions add positive momentum for oil-sensitive currencies and emerging market pairs.

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