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Wall St opens higher as Iran deal optimism offsets hawkish Fed

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Published Thu, Jun 18, 2026 · 09:42 PM
    • The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85.
    • The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85. PHOTO: REUTERS

    [NEW YORK] Wall Street’s major indexes advanced on Thursday (Jun 18) with technology shares leading gains as optimism about a Middle East peace deal offset worries about a hawkish Federal Reserve under new Chair Kevin Warsh.

    The Dow Jones Industrial Average rose 79.3 points, or 0.15 per cent, to 51,571.85.

    The S&P 500 rose 67.3 points, or 0.91 per cent, to 7,487.36​, while the Nasdaq Composite rose 389.0 points, or 1.49 per cent, to 26,410.623 at the opening bell. REUTERS

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