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Market Gains Continue Amid Iran Tensions and Oil Price Volatility

Wall Street Journal Markets •
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U.S. stock futures point to a mildly positive open Tuesday, setting up the S&P 500 for an eighth consecutive weekly gain. This resilience comes despite ongoing geopolitical uncertainty surrounding Iran and persistent concerns about inflation driven by climbing oil prices.

Rising long-term bond yields add pressure to the market backdrop as investors navigate multiple crosscurrents. Trading volumes may remain subdued heading into the extended weekend for both U.S. and U.K. markets, limiting significant directional moves.

Amid the macro uncertainty, consumer-focused stories are gaining traction including a viral Swatch collaboration that captured social media attention. Meanwhile, regulatory scrutiny continues as Iran's alleged use of cryptocurrency exchange Binance to fund its regime raises fresh questions about digital asset oversight.