Equities Hit Records But Geopolitics Caps Momentum

US equities reached record highs, though geopolitical tensions involving Iran and the Strait of Hormuz are capping further momentum.

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Source: DepositPhotos

Global markets enter the North American session on steadier footing after US equities hit fresh record highs, as investors consolidate gains amid cautious optimism on US-Iran negotiations, persistent sticking points including the Strait of Hormuz and Iran’s nuclear program, a stabilizing dollar, and healthy US data calendar ahead.
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