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How US-Iran De-Escalation Sent Oil Plunging and Nasdaq Surging — Market Wrap Jul 27, 2026
Today's AI insights from 7horns.ai reveal a global market rally led by tech stocks, with the Nasdaq up 1.65% and the S&P 500 gaining 1%. The catalyst behind this surge is a sharp drop in oil prices following a de-escalation of tensions between the United States and Iran. Brent crude fell 4.6% to $87.46, while West Texas Intermediate dropped 5.1% to $84.79. This easing of geopolitical risk boosted investor confidence, particularly in megacap tech stocks, where Google and Meta rose 1.78%, Tesla climbed 1.43%, and Amazon increased 1.38%. Additionally, some of Friday's worst-hit stocks rebounded…
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