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President Donald Trump and Iranian President Masoud Pezeshkian both suggested the conflict could end soon
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Amid fears of stagflation, persistently high interest rates and a weakening labor market, our mood changes almost on a daily basis.
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Retail sales rose more than expected in February CNNUS retail sales strong in February; Iran war expected to hurt spending reuters.comRetail sales rebounded before Iran war and showed economy was all right. Now what? MarketWatchGold prices ignore 0.6% rise in U.S. retail sales KITCORetail sales rise 0.6% in February, but impact of Iran war threatens to derail s
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Stocks Extend Rally and Oil Prices Drop The New York TimesThe market is sending a worrying signal about the economy CNNOil's worst-case scenario: $200 if Hormuz remains closed AxiosOil prices seesaw around $100 in volatile trading after Trump war exit comments CNBCUS markets point toward more gains and oil prices fall on renewed hopes of end to Iran war AP News
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President Trump said the U.S. military would wrap up its campaign in Iran in two or three weeks.
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Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28.
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Gas hits $4 a gallon for first time since 2022, and costs may keep rising The Washington PostDrivers Count Their Pennies as Gas Hits $4 a Gallon Because of War in Iran The New York TimesGas prices reach highest point in years. How Iran war is hitting consumers USA TodayAmericans are now paying $4 a gallon for gas. See the states where it is the most and least expensive. Business InsiderGas just hit $6 in Los Angeles. Here's where you can still find it for $5 Los Angeles Times
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Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.
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