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Middle East Truce Lifts Wall Street, Drags Oil Prices Down for Second Day
Wall Street Climbs Amid Ceasefire Optimism
U.S. stock indices rose strongly on Monday as investors welcomed a de-escalation in Middle East tensions, triggering renewed appetite for risk assets.
Oil Prices Slide Below $70
Crude oil prices fell for the second consecutive day. Brent lost more than 1%, and U.S. crude slipped below $70 as fears of supply disruption faded.
Iran Fires Missiles, No Damage Reported
Iran targeted a U.S. base in Qatar, but the missiles were intercepted without casualties. The limited response helped calm energy markets.
Fed Signals Possible Rate Cuts in July
Federal Reserve’s Michelle Bowman supported interest rate cuts in July, fueling optimism in equity markets and reinforcing expectations of continued economic resilience.
Trump Calls for Lower Oil Prices
Former President Donald Trump called for keeping oil prices low, stating that price surges "only benefit the enemy," adding political weight to the market debate.
