US stocks rallied back to the cusp of a record high as cooler-than-expected wholesale price increases eased concerns about an inflation-shock and oil dropped on optimism the new peace talks may hasten the end of the US-Iran war.

U.S. stocks rallied closer to their records Monday as hope remains on Wall Street that the global economy can still avoid a worst-case scenario because of the U.S.-Iran war. The S&P 500 rose 1% and pulled back within 1.

U.S. stocks rallied near record highs on easing oil prices, buoyed by hopes for renewed U.S.-Iran diplomatic talks. Strong corporate earnings also contributed to market optimism despite inflation concerns.

U.S. stocks rallied and recovered the last of their losses caused so far by the U.S.-Iran war, as hope remains on Wall Street that the global economy can still avoid a worst-case scenario

The U.S. stock market is rallying to the edge of its all-time high Tuesday, and oil prices are easing as hopes climb that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy.

Oil prices continued to fall on Tuesday as hopes of more peace talks between the US and Iran eased concerns about further disruptions to energy supplies. The price of global benchmark Brent crude is down 3.

Wall Street was on track to extend its rally and oil prices fell as expectations rose over a possible second round of talks between the U.S. and Iran to end their war.

The U.S. stock market is nearing its all-time high, and oil prices are easing as hopes rise that the United States and Iran may try again on talks to end their war. The S&P 500 added 1% Tuesday to