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Stocks stage a big comeback Monday with the S&P 500 wiping out Iran war losses: Live updates - CNBC
Overview
The earlier comeback that erased Iran-war losses has been reinforced by stronger-than-expected jobs data and renewed hopes of a U.S.-Iran deal, helping push the S&P to fresh records. Yet former President Trump's remark that the cease-fire deal was on "life support" was a reminder of how fragile that progress can be. Technology and chip-stock strength, including AI-related names, are supporting gains but investors remain wary of renewed conflict risks and energy-price shocks.
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