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US stocks steady amid US-Iran deal doubts
The U.S. stock indices remain stable amid growing doubts about reaching an agreement between the United States and Iran, particularly regarding the reopening of the Strait of Hormuz and the limited negotiation hours with Tehran. Despite expectations of a near-term agreement, American statements and the political situation are creating a state of uncertainty, which has led oil prices to rise by about 1%. Meanwhile, the market faces tightening expectations for interest rate hikes amid indications of an economic slowdown.
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