SMH ·general ·1 hour ago

Global stock markets surge as U.S.-Iran peace deal boosts optimism

Global stock markets rallied following a tentative peace deal between the U.S. and Iran, with the Dow Jones up 705 points, or 1.4 percent. Brent crude oil prices fell 4.8 percent to $83.14, alleviating inflationary pressures. The Australian sharemarket is set to drop 137 points amid the optimism surrounding the deal, with interest rate decisions expected today.

Summary by Glance · SMH

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