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Markets Rally on War Optimism, $4 Gas Returns, and a Cooling Job Market

Stocks are rising despite ongoing conflict in Iran—but the real story is oil.

With gas back above $4, inflation risks are climbing while demand slows, raising stagflation concerns. At the same time, new labor data shows a cooling job market, with fewer openings and declining worker confidence.

Also covered:

What markets are watching in the Middle East

Why oil shocks hit both growth and inflation

Key signals from the latest jobs data

Tariffs and rising pressure on small businesses

The skinny

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