Wall Street Hits New Highs - Investors Cautiously Optimistic Despite Middle East Uncertainty

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With even small gains, S&P 500 and Nasdaq hit another double record - As long as the ceasefire between the US and Iran lasts, investors do not lose hope that the negotiations will result in an agreement - An eye on inflation and Trump's trip to China

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Even though nothing is changing in the Gulf conflict, the ongoing ceasefire has been enough to bring optimism back to the markets. Stocks have bounced back from their March slump and shot to new all-time highs. But there is rising inflation, and price hikes.