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ECONOMY

Australia Stocks Rebound on Iran Delay

Australian shares rebounded as the US delayed strikes on Iran. S&P/ASX 200 rose 1%.

Benjamin Moore
ByBenjamin Moore- Senior Editor
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0
Australia Stocks Rebound on Iran Delay
Photo: Prepared by Bond.az

Australian shares bounced back after the US delayed strikes on Iran. The S&P/ASX 200 rose 1% to 8,594.

Trump said a nuclear deal with Iran had a "very good chance." Oil prices fell over 2%.

Financials gained 1.4%. Consumer and real estate stocks also rose.

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Australia Stocks Rebound on Iran Delay | Bond.az