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Friday, June 12, 2026
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Article CNBC Top Stories

Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%

CNBC Top Stories June 12, 2026 · 8:37 am Read Original
Bullish 60.0
−100 Bearish 0 +100 Bullish
Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%

Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.

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Article Info
Source CNBC Top Stories
Published Jun 12, 2026 · 8:37 am
Article ID gkvg5to
Original URL Open source
Sentiment Signal
Bullish 60.0
−100Neutral+100
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