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The Zhitong Finance App learned that, driven by the latest market expectations that the situation in the Middle East may ease, the three major US stock indices soared across the board on Tuesday, recording the biggest one-day increase in nearly a year. US President Trump said that the US will end military operations against Iran within the next two to three weeks, and will begin withdrawing troops even if no relevant agreement is reached with Iran. This statement has greatly allayed market concerns about soaring oil prices, a rebound in inflation, and the tightening of the Federal Reserve's monetary policy.
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The Zhitong Finance App learned that, driven by the latest market expectations that the situation in the Middle East may ease, the three major US stock indices soared across the board on Tuesday, recording the biggest one-day increase in nearly a year. US President Trump said that the US will end military operations against Iran within the next two to three weeks, and will begin withdrawing troops even if no relevant agreement is reached with Iran. This statement has greatly allayed market concerns about soaring oil prices, a rebound in inflation, and the tightening of the Federal Reserve's monetary policy.
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