Market 06/18: US-Iran Announce MOU

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Key Headlines:

• US-Iran officially sign preliminary agreement

• Philly Fed June: Manufacturing returns to expansion

• Weekly jobless claims fell slightly

• Take-Two opens pre-orders for GTA 6 starting June 25

• Oklo and Centrus partner on nuclear power project

• Amazon in talks to sell self-developed AI chips

• Intel and Apple reach agreement on US chip production

• Marvell price target raised to $385 by KeyBanc

• Market: Shorts-cover rally following the agreement