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

  • Posted on June 12, 2026
  • By CNBC
  • 1 Views
  • 1 min read
Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%
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.
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Author
CNBC

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