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Bloomberg: S&P 500 Steady With All Eyes on SpaceX IPO, Iran Peace Hopes

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Updated:2026-06-12
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“Caution is warranted” around the prospects for an accord, Karl Schamotta, Corpay Cross-Border Solutions’ chief market strategist, wrote in a note. However, “even a temporary reopening of the Strait of Hormuz could ease the inflation shock facing global central banks, allowing markets to price in more modest tightening trajectories.”

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