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New York (AFP) – U.S. stocks powered higher Monday after world powers and Iran struck an interim deal to curtail Iran’s controversial nuclear program in exchange for an easing of international sanctions.

Five minutes into trade, the Dow Jones Industrial Average added 27.42 points (0.17 percent) at 16,092.19.

The broad-based S&P 500 rose 3.06 (0.17 percent) to 1,807.82, while the tech-rich Nasdaq Composite jumped 14.02 (0.35 percent) to 4,005.67.

World oil prices slid after the US-led landmark deal struck Sunday with major crude producer Iran. The six-month agreement would be a preliminary step toward resolving the major powers’ concerns that Iran is developing nuclear weapons, a charge Iran denies.

“Lower energy costs are good for consumers and most businesses, so the agreement has been painted in a supportive light for earnings prospects,” said Patrick O’Hare of Briefing.com.

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Jeanine Pirro

While many observers welcomed the jury's finding on Tuesday that Derek Chauvin was guilty of murdering George Floyd, some conservative media figures seemed distinctly perturbed, unsettled, or outraged by the outcome. It seemed that though Floyd's murder was initially was widely condemned, the movement it stirred and demands for changes it spurred from progressives polarized the issue, making some conservatives feel the guilty verdict was a loss for their side.

For example, some pushed the debunked notion that Floyd died from an overdose, rather than the knee on his neck for over 9 minutes:

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