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Tentative deal on ending the Iran war sends stocks soaring while oil prices fall

BANGKOK (AP) — Share prices soared Monday in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz. Benchmarks in Tokyo and Seoul initially gained more than 5% early Monday. Oil prices fell more than $4 a barrel. The future for the S&P 500 was up 1% and that for the Dow Jones Industrial Average gained 0. 9%, auguring likely early gains for Wall Street. U. S. President Donald Trump confirmed the initial agreement and authorized an end to the U. S...

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