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Markets are feeling the pressure as the ongoing conflict in Iran continues to escalate, driving oil prices above $105 and raising concerns about inflation. Treasury yields have risen amid fading optimism for a ceasefire, while retail firms warn of potential price hikes if the situation drags on. In corporate news, Olaplex is set to be acquired by Henkel for $1.4 billion, and Jefferies has highlighted stocks poised to benefit from the AI humanoid robot boom. Meanwhile, the OECD has reported that the Iran war has erased previous global growth upgrades, further complicating the economic outlook.

Latest Market Updates

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