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Stock Market News, June 16, 2025: Dow Gains, Oil Drops After Iran Says It Wants to End Hostilities With Israel. ... Americans Size Up if Tariffs Are Really Behind Price Hikes. By. Joe Pinsker, ...

As Israel's attack on Iran rattles global markets, sending crude oil prices higher, "cooler heads will prevail," said Peter Cardillo, chief market economist at Spartan Capital Securities.