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

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

Geopolitics CNBC Jun 12, 2026

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