NEW YORK (AP) — The U.S. stock market is rising Tuesday as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war.
The S&P 500 rose 0.8% after trading resumed following Monday's holiday. The Dow Jones Industrial Average was up 41 points, or 0.1%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1.3% higher. All three indexes are on track to set all-time highs.
The gains came even though fighting continued in the region, and the U.S. military said it carried out "self-defense" strikes in southern Iran, including on missile launch sites and boats placing mines. Markets have rallied in the past on hopes for a coming end to the war with Iran, only to see the conflict drag on.
