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A currency trader stretches near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, June 17, 2026. (AP Photo/Ahn Young-joon)

Shares mostly advance and oil trades below $80 on optimism over interim US-Iran war deal

Asian shares are mostly higher and oil is trading below $80 a barrel, as markets watch for details on the interim agreement to end the U.S.-Iran war.
 
Trader Edward Curran works on the floor of the New York Stock Exchange, Tuesday, June 16, 2026. (AP Photo/Richard Drew)

Oil drops below $80 per barrel, while tech stocks weigh on a mixed Wall Street

 
A employee works at a cash register in a grocery store in Schaumburg, Ill., Thursday, May 14, 2026. (AP Photo/Nam Y. Huh, File)

Higher prices for gas, groceries and flights will likely outlast the Iran war

 
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Trader Daniel Kryger, left, works on the floor of the New York Stock Exchange, Monday, June 15, 2026. (AP Photo/Richard Drew)

Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war

 
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The American Flag flies next to a One9 Fuel Stop sign displaying gas prices for diesel and unleaded gas in Wilmington, Ohio, Wednesday, June 10, 2026. (AP Photo/Carolyn Kaster)

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

 
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Stocks leap worldwide, oil prices drop after the US and Iran reach a tentative deal to end war

Stock rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.

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Tentative deal on ending the Iran war sends stocks soaring while oil prices fall

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again

More swings for AI stocks drag Wall Street back on the roller coaster

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Gwynne Shotwell, President and COO of SpaceX, third from right, celebrates with colleagues during a bell ringing ceremony for the IPO of SpaceX at the Nasdaq MarketSite in New York, Friday, June 12, 2026, in New York. (AP Photo/Frank Franklin II)

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

 
Gwynne Shotwell, President and COO of SpaceX, right, poses with colleagues during a bell ringing ceremony for the IPO of SpaceX at the Nasdaq MarketSite in New York, Friday, June 12, 2026, in New York. (AP Photo/Frank Franklin II)

US stocks rise after oil prices ease and SpaceX soars in its debut on Wall Street

 
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A woman walks past the World Bank building in Washington on April 5, 2021. (AP Photo/Andrew Harnik, File)PRNTO

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

 
People shop in the produce section of a grocery store on Monday, May 11, 2026, in Portland, Ore. (AP Photo/Jenny Kane)

US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022

 
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The European Bank is pictured in Frankfurt, Germany, Tuesday, June 9, 2026. (AP Photo/Michael Probst)

Europe’s central bank raises rates to fight inflation from Iran war, the Fed to decide next week

 
A trio of traders work on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again

 
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Options traders Steven Rodriguez, left, and Marty Handler work on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago

 
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As the daytime high temperature soars into the 80s, a United States Postal Service postman keeps cool by standing in the shade of a gasoline station sign posting the per-gallon prices for the various grades of fuel available Thursday, June 4, 2026, in central Denver. (AP Photo/David Zalubowski)

US households, businesses stung by higher energy prices that have pushed inflation above 4%

 
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Options trader Chris Daytona, right, works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

More swings for AI stocks drag Wall Street back on the roller coaster

 
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Trader John Romolo works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

Wall Street holds steadier as AI stocks recover some of their sell-off

 
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A customer prepares to pump diesel fuel at this Madison, Miss., Sam's Club, Tuesday, May 24, 2022. (AP Photo/Rogelio V. Solis, File)

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

 
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A motorist fills up the tank of a vehicle at a Conoco gasoline station Saturday, May 30, 2026, in Denver. (AP Photo/David Zalubowski)

FACT FOCUS: Is inflation a red state vs. blue state issue? It’s increasing no matter how you cut it

 
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Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

 
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Options trader Ravi Bhandari works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally

 
Specialist John McNierney, left, and trader William Lawrence work on the floor of the New York Stock Exchange, Wednesday, June 3, 2026. (AP Photo/Richard Drew)

Oil prices climb back toward $100, and US stocks halt their record-breaking rally

 
Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, June 1, 2026. (AP Photo/Richard Drew)

Oil prices rise, but not by enough to keep Wall Street from more records

 
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President Donald Trump speaks during a Cabinet meeting at the White House, Wednesday, May 27, 2026, in Washington, as Secretary of Defense Pete Hegseth, looks on. (AP Photo/Jacquelyn Martin)

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

 
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A worker takes a rest at a factory making steel bike rims for export to U.S., in Hangzhou in east China's Zhejiang province, on Friday, April 11, 2025. (Chinatopix Via AP, File)

China’s factory activity slows in May, raising questions over its economy

 
A crowd of tourists take pictures of a passing train at the Mae Klong Railway Market near Bangkok, Thailand on Dec. 6, 2025. (AP Photo/Anton L. Delgado)

Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia

 
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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)

America In Focus: Inflation gauge hits multiyear high as American consumer confidence slides

 
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A motorist pumps fuel at a Shell station Wednesday, July 5, 2023, in Englewood, Colo. (AP Photo/David Zalubowski, File)

Key inflation gauge worsens as Americans’ income and spending power erodes

 
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Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

Wall Street pushes to more records as profits keep piling up for US companies

 
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Trader Edward Curran, left, and specialist Meric Greenbaum, center, work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

US stocks inch to more records after oil prices drop

 
The per-gallon prices for the various grades of gasoline available at a gas station are displayed on a sign above the pumps, Sunday, May 24, 2026, in southeast Denver. (AP Photo/David Zalubowski)

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

 
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From left to right, European Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis, European Central Bank President Christine Lagarde, President of the Eurogroup Kyriakos Pierrakakis, Managing Director and the European Stability Mechanism Pierre Gramegna talk to the media during the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

 
Specialist Anthony Matesic, left, and trader Fred Demarco work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

Wall Street keeps rising, even as U.S. households keep getting more discouraged

 
A sign blaming Sacramento policies for high gas prices is displayed at a Chevron gas station in Alameda, Calif., on Thursday, May 21, 2026. (AP Photo/Terry Chea)

Gov. Newsom and Chevron spar over who is to blame for California’s high gas prices

 
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Travelers wait to board an Amtrak train at Union Station in Los Angeles, Wednesday, May 20, 2026. (AP Photo/Jae C. Hong)

Memorial Day: Higher fuel prices have some Americans scaling back their travel plans

 
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FILE -The Euro currency symbol is seen prior to a press conference after an ECB's governing council meeting in Frankfurt, Germany, Dec. 18, 2025. (AP Photo/Michael Probst, File)

Energy shock from Iran war to weigh on Europe’s growth, boost inflation

 
Trader Aaron Ford works on the floor of the New York Stock Exchange, Thursday, May 7, 2026. (AP Photo/Richard Drew)

US stocks edge higher following the latest U-turn for oil prices

 
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