Global stocks hit record levels
Global equities rose to their all-time highs, with the MSCI index increasing by 0.3% following a easing of tensions in the Middle East after the United States and Iran reached a tentative agreement to extend the ceasefire for 60 days. This development boosted expectations of falling oil prices and stronger economic growth. Additionally, technology stocks in Asian markets surged by 2%, while Brent crude declined by 0.5%, nearing $93 per barrel after a significant monthly drop in May.
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