Dow Extends Comeback, Wipes Weekly Deficit Away
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Stocks rallied as geopolitical tensions eased, with the Dow gaining 285 points and erasing weekly losses. President Trump backed down on European tariffs and collaborated with NATO on Greenland. The S&P 500 and Nasdaq also rose. Investors are closely watching geopolitical developments. Oil prices fell to $59.27 per barrel, while gold prices reached $4,913.40 per ounce, driven by geopolitical concerns and expectations of interest rate cuts.
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