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Stock market hits new heights amid optimism about Iran war resolution

Stocks on Wall Street rose to new heights on Thursday, adding to the record gains seen on Wednesday. It came as investors expressed optimism that a resolution to the war with Iran could be reached quickly. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Published April 16, 2026, 10:41 PM
Updated April 16, 2026, 10:53 PM407
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Stock market hits new heights amid optimism about Iran war resolution

Stocks on Wall Street rose to new heights on Thursday, adding to the record gains seen on Wednesday. It came as investors expressed optimism that a resolution to the war with Iran could be reached quickly. CBS News MoneyWatch correspondent Kelly O'Grady reports.

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