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U.S. equities pushed to fresh record highs by midday Wednesday.
President Trump confirmed a diplomatic push to end the Epic Fury operation and the Blockade.
KEY POINTS
- A potential Washington-Tehran deal could reopen the Hormuz Strait if Iran agrees to terms.
- WTI crude oil dropped 6.6%, erasing nearly 16% of its value so far this month.
- The Nasdaq 100 hit a new record, driven by strong AI-infrastructure earnings.
- Uber's stock jumped 7% after providing an upbeat bookings forecast.
COMPANIES
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