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Stocks Rise as Iran Seeks Ceasefire Amid Global Developments

6/18/2025

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Summary

Story summary

U.S. stocks increased as Iran pursued a ceasefire with Israel, while G7 leaders affirmed Israel's defense rights.
The Bank of Japan plans to extend bond purchase reductions from April 2026 to March 2027.
OpenAI has obtained a $200 million contract with the U.S. Defense Department for AI tools.
The Trump Organization will launch a mobile phone plan and a $499 smartphone in September.

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Story summary

U.S. stocks increased as Iran pursued a ceasefire with Israel, while G7 leaders affirmed Israel's defense rights.
The Bank of Japan plans to extend bond purchase reductions from April 2026 to March 2027.
OpenAI has obtained a $200 million contract with the U.S. Defense Department for AI tools.
The Trump Organization will launch a mobile phone plan and a $499 smartphone in September.