Finance

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

Capital Daily Newsroom

Editorial Desk

2026-06-12 · 2 min read

Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%

Published June 12, 2026 · Category: Finance

Overview

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.

Source

Originally published at www.cnbc.com.

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