CoinWorld News: The three major U.S. stock indices posted their largest weekly gains in recent years, with the S&P 500 index closing at a new high for three consecutive days, and the Nasdaq rising for 13 straight trading days. Market optimism is driven by rising expectations of a ceasefire negotiation between the U.S. and Iran, the resilience of the U.S. economy, and strong corporate earnings reports. The dollar index once gave back all its gains since the conflict began, and international crude oil prices plunged over 10% intraday. Next week's market focus will shift to the Federal Reserve chair nomination hearing, U.S. retail sales data, and a busy schedule of corporate earnings reports.

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