Wall Street stocks rise, greeting optimism over possible US-Iran deal
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27 Articles
Channel News Asia
Wall Street stocks rise, greeting optimism over possible US-Iran deal
NEW YORK: Wall Street stocks bounced Friday (Sep 25) to finish a volatile week on a positive note, greeting a drop in oil prices on hopes for a US-Iran agreement that could lead to the reopening of the Strait of Hormuz.Markets weighed mixed signals from the UN General Assembly in New York
Markets breathed on Friday. BMV and Wall Street closed with profits, while oil dropped and the dollar followed about 18 pesos.
Reformatorisch Dagblad
The New York stock exchanges closed higher on Friday. Hopes for an end to the Iran war and lower oil prices fueled optimism on the trading floors.
Indices ended a difficult week with gains, as the de-escalation in oil prices strengthened investment sentiment, while markets remain focused on Fed moves, bond yields and developments in the Middle East.
(New York = Yonhap News) Correspondent Lim Soo-jung = On the 25th (local time), the three major indices of the New York stock market... on expectations of the reopening of the Strait of Hormuz and the search for a diplomatic solution between the U.S. and Iran
The U.S. stock exchanges closed on Friday (25) in high, with support for the relief in oil prices in the midst of the market optimism about the possibility of an agreement between the United States and Iran. The decompression in the rates of U.S. Treasury securities (Treasuries) also favored the improvement of the indices, although interest of the thirty-year bonds still remain under stress and close to the peaks of decades. The Dow Jones index …
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