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AAP
AAP
Business
YURI KAGEYAMA and MATT OTT (AP Business Writers)

Wall Street inches slightly higher, oil prices fall again on hopes for an end to Iran war

U.S. markets leaned toward modest gains before the opening bell Tuesday and oil prices fell following the U.S. and Iran's announcement a day earlier that they had a reached a tentative deal to end their conflict.

Futures for the S&P 500 and Dow Jones Industrial Average each edged 0.1% higher. Nasdaq futures were up 0.3%.

Brent crude fell nearly 3% on expectations that the U.S.-Iran agreement might reopen the Strait of Hormuz, where much of Asia gets its oil supply. But some analysts have urged caution, noting many issues remain uncertain.

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