US Stocks Near Records on Iran Deal Hopes

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- Dow futures inched higher after the blue-chip index posted a new record close, capping a session that left US equities near records
- US stocks held near those records on hopes of an agreement with Iran, with the S&P 500 churning after a $3.7 trillion rally to its own record high
Why it matters: Indexes sitting at records while the market tracks an Iran deal suggests geopolitical optimism is doing real lifting on sentiment — and the $3.7 trillion S&P 500 rally quantifies how much money has already piled into that thesis.