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Stocks Hit Record as Oil Falls on US-Iran Hopes

Bloomberg Markets · May 1, 2026, 8:14 PM · Also reported by 1 other source

A record-breaking run drove stocks toward their longest weekly rally since 2024 amid hopes for a deal to end the Iran war that has rattled financial markets and jeopardized the economic outlook. Jaya Thibard Wajja, head of FX strategy at TD Securities, and Bloomberg's Jeff Mason join Bloomberg Busin

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Stocks Hit Record as Oil Falls on US-Iran Hopes

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