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The S&P 500 rose 3.6 percent, its biggest weekly gain since last year. Investors are bracing for developments in peace talks between the United States and Iran, set for the weekend.
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The Iran war has jolted oil prices and stocks over the past six weeks, leaving investors on edge over negotiations slated for this weekend.
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S&P 500, Nasdaq rise on tech rally after inflation data; Middle East tensions in focus ReutersS&P 500 ticks lower Friday, but benchmark still on pace for big weekly gain after fragile Iran ceasefire: Live updates CNBCS&P 500, Nasdaq rise on tech rally after inflation data The Detroit NewsStock market today: Stocks mixed as Nasdaq rises, Dow falls after March CPI data shows surging energy costs Yahoo F
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Still-high oil prices have investors wondering which areas could help keep the market moving higher after Wednesday's rally.
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