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Markets are feeling the pressure as optimism for a ceasefire in Iran fades, leading to rising Treasury yields and fluctuating stock prices. Oil prices have seen a notable increase, climbing 2% amidst ongoing geopolitical tensions. Meanwhile, space stocks are rallying on reports of SpaceX's potential IPO filing, while the U.S. Postal Service is seeking an 8% fuel surcharge due to rising delivery costs linked to the conflict. Investors remain cautious as they navigate these developments, with many keeping a close eye on the evolving situation in the Middle East.

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