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The cease-fire agreement between the U.S. and Iran triggered a relief rally in shares of travel and retail giants Wednesday, on hopes that a break from surging fuel prices would help businesses manage costs and calm anxious consumers.
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Stock futures are little changed after Dow posts best day since April 2025 following ceasefire deal: Live updates CNBCOil is plunging, but don't expect $3 gas anytime soon. Here's why CNNOil prices drop amid ceasefire The HillThe third Gulf war will scar energy markets for a long time yet The Economist
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"We have to get a better sense of whether this conflict is over or just paused," one analyst said.
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Delta had better-than-expected earnings reported after the Iran cease-fire was announced.
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An increase in the expected Medicare Advantage payment rates for 2027 could be a catalyst for the industry.
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An analyst says ongoing Qualcomm litigation and a thornier competitive backdrop are among the factors that could hinder a sustained rally for Arm shares.
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