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US stock market today: Wall Street rises as investors monitor Middle East tension; CarMax jumps on earnings, oil and yields climb

IndiaTimes Friday, 20 June 2025
US stocks climbed on Friday, buoyed by CarMax's strong earnings, even as geopolitical tensions in the Middle East intensified. Trump's impending decision on military involvement in the Israel-Iran conflict kept traders cautious, driving up crude oil prices. European markets rallied, while Asia saw mixed results amid inflation concerns and trade policy uncertainties.
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News video: BREAKING: Iran Votes To Close Strait Of Hormuz In Retaliation To U.S Strikes on Nuclear Facilities

BREAKING: Iran Votes To Close Strait Of Hormuz In Retaliation To U.S Strikes on Nuclear Facilities 03:37

 In a bold and unanimous move, Iran’s Parliament has approved the decision to close the strategic Strait of Hormuz — a key chokepoint for global oil shipments — in response to escalating U.S. military aggression. The resolution now awaits approval from Iran’s National Security Council. If...

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