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US stocks rally as Iran talks progress, oil prices drop nearly 7%.

Market News
14 Apr 2026
Benzinga
View Source
Bullish
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US stock markets rose sharply with the S&P 500 reclaiming 6,960 points, led by small caps and tech stocks, following encouraging progress in US-Iran negotiations. President Trump and VP JD Vance indicated potential breakthroughs in talks held in Pakistan, easing geopolitical tensions. This optimism caused oil prices to fall nearly 7%, reversing much of the recent war premium. Airlines stocks surged on merger rumors and cheaper jet fuel, while energy stocks declined due to the oil price drop. The market rally reflects reduced inflation concerns and hopes for stability in the Middle East, supporting further gains if talks continue positively.

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