Inquirer
NEW YORK, United States — Stock markets climbed and oil prices tumbled Tuesday on rekindled hopes for a deal to end the Middle East war and reopen the Strait of Hormuz. Wall Street’s main indices climbed, with both the S&P 500 and the Nasdaq now back at levels from before the US and Israel began bombing Iran on February 28. READ: European equity markets also rose, although London advanced only 0.3 percent as the retreat in oil prices from $100 a barrel weighed on the shares of energy majors BP and Shell. Asia’s leading stock markets closed with sizable gains, while […]... Keep on reading: US stocks rise, oil prices retreat on hopes for Mideast peace deal
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