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How the US-Iran peace deal and oil drop sparked Nikkei's record surge and US futures rally — Market Wrap Jun 18

Today's AI insights from 7horns.ai highlight a striking global market rebound led by the Nikkei 225, which surged 1.64% to a record 71,053, breaking above 71,000 for the first time. This follows a sharp overnight reversal after a hawkish Federal Reserve session yesterday, where all major US indices closed lower. The catalyst driving today's optimism is the interim peace agreement between the US and Iran, reopening the Strait of Hormuz and easing global oil supply concerns. Brent crude prices fell below $80 a barrel, with the major oil ETF down 1.95% in pre-market trading. US futures reflect…

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