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05.08.2026 03:16 PM
US stock market races toward record highs on Middle East de-escalation rumorsGlobal markets are exhibiting strong positive momentum, pushing the S&P 500 to new record levels. The main catalyst for optimism was emerging coverage about a potential easing of geopolitical tensions in the Middle East. Against this backdrop, the market caps of the largest technology megacaps increased by record amounts, providing the bulk of the broad market’s gains.
Investors prefer to maintain a buying bias and to downplay Tehran’s tough statements
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