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Report of Iran Talks Buoys Stocks

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Stocks seesawed early Wednesday as the market tried to process reports about the possibility that Iranian officials have reached out to the CIA.

Some investors’ hopes for a quick end to the conflict surged after the New York Times reported that operatives from Iran’s Ministry of Intelligence had initiated talks with the Central Intelligence Agency about how to bring an end to the conflict.

An Iranian news agency then reported that the ministry had denied the Times report.

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