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Markets climb as Middle East tensions ease, despite Fed chief's inflation concerns.
Markets climbed as tensions between Israel and Iran appeared to ease, with the S&P 500 up 1.11%.
Despite a ceasefire, Federal Reserve Chair Jerome Powell indicated no imminent rate cuts due to inflation concerns.
Meanwhile, crude oil prices fell 7% as investors hoped for de-escalation in the region.
Tesla's stock rose 8% following the debut of its Model Y robotaxi.
Novo Nordisk ended its partnership with Hims & Hers, causing the latter's shares to drop nearly 35%.
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Los mercados suben a medida que disminuyen las tensiones en Medio Oriente, a pesar de las preocupaciones del jefe de la Fed sobre la inflación.