By CCN Markets: The Dow Jones has fared surprisingly well this year despite simmering US-China trade tensions, gaining nearly 15% heading into the final week of June. The stock market’s latest rally puts it on track to record its best June since 1938. But the enormous stock market rally faces a new threat – the Trump administration’s decision to increase sanctions on Iran. Brian Hook, the US special representative to Iran, told CNBC in an interview: “We are going to increase our sanctions on Iran and continue our foreign policy.” A bad omen for the Dow The stock market is
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