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Dow jumps 700 points to record with rally gaining steam after Trump signs Iran deal memorandum: Live updates CNBCStock Market Today: Nasdaq Opens Higher, Oil Drops After U.S.-Iran Deal WSJOil tumbles on US-Iran deal framework: How one trader is playing the move CNBCTrump says oil prices will drop like a rock. It'll be more like a feather CNN
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West Texas Intermediate and Brent crude fell after officials agreed to a 60-day ceasefire while final arrangements are being negotiated.
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Crowded positioning, a pause in central-bank buying, an increase in the dollar and a rise in real interest rates all contributed to the 26% peak-to-trough decline in the gold prices.
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These stocks trade at or lower than half the P/E valuation of the S&P 500, while having much higher projected revenue growth rates than that of the index.
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