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BUSINESS

Stock markets rally and crude oil prices ease

US stocks rebounded on Monday, with the S&P 500 up 0.9%, the Dow gaining 0.8%, and the Nasdaq rising 1.5%. Oil prices eased, falling after Friday's surge following Israeli attacks on Iranian targets. While concerns remain about escalating conflict and its impact on oil supply, hopes for contained fighting contributed to the market's recovery. Other market factors include Trump's tariffs and the upcoming Federal Reserve interest rate decision. Gold prices also retreated from Friday's highs.

Prepared by Christopher Adams and reviewed by editorial team.

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