On the geopolitical front, the US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal
Wall Street saw the S&P 500 and Nasdaq decline as concerns over SpaceX's performance overshadowed optimistic developments regarding US-Iran relations. The US granted a 60-day license for Iran to sell oil internationally, providing an economic boost amid ongoing peace talks.
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