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1 revisions for "Wall Street Bets on Peace: Inside the Rally That May Be Built on Sand"

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Anonymous2 days ago

Global markets surged on April 1, 2026, after President Trump declared the Iran war would wind down within weeks — the S&P 500 posted its best day since May, rising 2.91%, while oil dropped below $101 per barrel. But Iran immediately denied requesting a ceasefire, the Strait of Hormuz remains closed, and the conflict has already produced the largest oil supply disruption in history at 12 million barrels per day lost, raising the question of whether markets are pricing in a peace that does not yet exist.

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