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Fortune

Alicia Adamczyk

Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

Iran Israel Jeff Buchbinder Oil LPL Financial United States

(Credit: Michael M. Santiago—Getty Images)

U.S. stocks rose Monday despite escalating attacks between Israel and Iran. The Dow, S&P 500, and Nasdaq all ended higher after falling Friday. The price of crude oil also fell almost 2% after a report claimed Iran is looking to negotiate with Israel to end the conflict.

Despite several confrontations between Israel and Iran over the weekend and on Monday that have left hundreds of civilians dead, investors in the U.S. seemed to shrug off the escalating tensions in the Middle East as stocks rebounded to start the week.

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