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Stocks Climb and Oil Falls on US-Iran Peace Hopes
Posted
May 1, 2026
Views
7,663
Likes
80
Comments
31
Engagement
1.45%
May 1, 2026
7,663
80
31
1.45%
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6:57Now PlayingA record-breaking run drove stocks toward their longest weekly rally since 2024 amid hopes for a deal to end the Iran war that has rattled financial markets and jeopardized the economic outlook.
The nearly 1% advance in the S&P 500 Friday left the gauge on track for a fifth straight week of gains.
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discusses pressure on equities from the oil shock and why prices continue to climb higher.
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