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Global markets jump and oil prices decline as Iran ceasefire agreement reached

TOKYO (AP) — Global shares surged in Wednesday trading, as oil prices plunged after the U. S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. France's CAC 40 added nearly 4. 0% to 8,223. 91 in early trading, while the German DAX edged up 4. 7% to 23,996. 26. Britain's FTSE 100 gained 2. 3% to 10,582. 86. U. S. shares were set to drift higher with Dow futures up 2. 3% at 47,891. 00. S&P 500 futures rose 2. 5% to 6,824. 00. In Asia, Japan’s Nikkei...

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