The 3 biggest moves from a week that saw US stocks nearly erase Iran-war losses
Business
The TACO trade took investors on a wild ride this week. Investors cheered after a ceasefire deal with Iran was announced Tuesday evening, soothing some of the deepest anxieties about higher oil prices and taking one of investors' worst-case scenarios off the table: that an extended conflict could heat up inflation, hit consumers, and risk plunging the US into a recession. Markets are still grappling with the effects of the recent oil spike, with inflation accelerating 3.3% in March. But
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