Stocks Rise as Investors Look Past Israel-Hamas Conflict
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U.S. stocks rose despite oil spike caused by Israel-Hamas war. Russell 2000 also rose, signaling investor confidence.
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Israel bombarding Gaza Strip and cutting off supplies as part of response to Hamas attack. Over 1,300 deaths reported.
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OPEC predicts global oil demand will reach 116 million bpd by 2045. IEA forecasts demand will peak before 2030.
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Dogger Bank Wind Farm, "world's largest offshore wind farm", began producing energy. Capacity of 3.6 gigawatts when fully operational.
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Analysts think markets have already priced in implications of Israel-Hamas conflict. Russell 2000 gains show market may be turning.