Stocks soar on hopes of Iran war resolution – plus, Lilly takes a big swing in sleep disorders


Source: cnbc.com cnbc.com
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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The market rally gained momentum on Tuesday with signs of potential de-escalation in the Iran conflict. The S & P 500 was up more than 2%, jumping on unconfirmed reports that Iranian President Masoud Pezeshkian was open to ending the war on the condition of certain guarantees. We’re hesitant to call this an all-clear signal, but it takes two sides to end a war. Between this news and a late Monday…