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US stocks edge up in hopes Iran clash will ebb

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NEW YORK (AFP) - Wall Street stocks edged higher early on Wednesday (Jan 8) amid hopes that US-Iran hostilities will not worsen while US hiring data topped expectations.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks edged higher early on Wednesday amid hopes that US-Iran hostilities will not worsen while US hiring data topped expectations.

A Eurasia Group note predicted that Teheran and US President Donald Trump will de-escalate the crisis, saying the Iran attack"appeared designed for maximum domestic effect with minimum escalatory risk.

Shares of Boeing fell 2.2 per cent following the fatal crash of a Ukraine International Airlines plane in Iran.

 

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