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AAP
AAP
Business
STAN CHOE (AP Business Writer)

Wall Street rises to more records as US stocks catch up to the world's gains from the day before

United States Donald Trump Iran Oil Stock Market British Petroleum Nasdaq

NEW YORK (AP) — The U.S. stock market rose to more all-time highs and caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war. The S&P 500 added 0.6% Tuesday after trading resumed following Monday's holiday. The Nasdaq composite climbed 1.2% to reach a record of its own. The Dow Jones Industrial Average slipped 0.2%. Treasury yields eased in the bond market on hopes that a deal on the Iran war could improve the global flow of oil and reduce pressure on inflation.

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

NEW YORK (AP) — The U.S. stock market is ticking toward records Tuesday as it catches up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war.

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