Global stocks have recouped Iran war losses to hit fresh records — but the shadow of Mideast conflict still looms

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Global stocks have clawed back losses triggered by the Iran conflict, with major indexes now trading at or above pre-war levels, as investors rapidly unwind geopolitical risk hedges and refocus on the artificial intelligence boom, said market watchers. The MSCI World Index, which measures the performance of over 1,000 large and mid-cap equities from developed markets, fell 3.29% in the immediate week following the outbreak of the Middle East war. In recent days, however, it has hit a fresh