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Investors reacted to signals of possible de-escalation of the war in the Middle East.
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Stock Market Today: Dow Moves Higher, Oil Pulls Back on Cautious Optimism — Live Updates WSJStock futures slip as traders monitor U.S.-Iran war developments: Live updates CNBCStocks rally, oil prices fall amid talk of Iran ceasefire NBC NewsStock market today: Dow, S&P 500, Nasdaq rise on hopes of US-Iran talks, oil drops below $100 Yahoo Finance
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Kharg Island exports 90 percent of Iran's crude oil. It has also become a potential U.S. target. Peter Eavis, our Business reporter, examines how the small island in the Persian Gulf has become a strategic target with significant risks.
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While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
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