{"id":196930,"date":"2026-04-14T15:41:08","date_gmt":"2026-04-14T15:41:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/196930\/"},"modified":"2026-04-14T15:41:08","modified_gmt":"2026-04-14T15:41:08","slug":"stocks-rise-oil-prices-ease-as-hopes-climb-for-more-us-iran-talks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/196930\/","title":{"rendered":"Stocks rise, oil prices ease as hopes climb for more US-Iran talks"},"content":{"rendered":"

By STAN CHOE, AP Business Writer<\/p>\n

NEW YORK (AP) \u2014 The U.S. stock market is climbing closer to its all-time high Tuesday, and oil prices are easing as\u00a0hopes rise<\/a>\u00a0that the United States and Iran may try again on talks to end\u00a0their war<\/a>\u00a0and avoid a worst-case scenario for the global economy.<\/p>\n

The S&P 500 added 0.7% after\u00a0rallying the day before<\/a>\u00a0back to where it was before the United States and Israel launched attacks on Iran in late February. It\u2019s just 0.6% below\u00a0its record<\/a>\u00a0and on track for its ninth gain in the last 10 days.<\/p>\n

The Dow Jones Industrial Average was up 172 points, or 0.4%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 1.2% higher.<\/p>\n

They followed gains for stock markets worldwide as expectations rose for a possible return to talks by the United States and Iran. Such prospects also helped lower the price of oil, whose production and transportation\u00a0has been snarled<\/a>\u00a0by the fighting.<\/p>\n

The price for a barrel of Brent crude oil, the international standard, fell 3.5% to $95.91. That\u2019s still above its roughly $70 level from before the war, but it\u2019s well below its peak of $119 reached a couple times when worries about the war hit their heights.<\/p>\n

To be sure, hope has often quickly\u00a0swung into doubt<\/a>\u00a0in financial markets since the war began, which has caused extreme and\u00a0sudden reversals<\/a>. Much of the stress has been due to the\u00a0Strait of Hormuz<\/a>, a narrow waterway that\u2019s the main avenue for crude oil produced in the Persian Gulf area to reach customers worldwide. Blockages there have kept oil off the global market, which has in turn driven up its price.<\/p>\n

And that has meant a blast of higher inflation. In the United States, inflation at the wholesale level\u00a0accelerated to 4% in March<\/a>\u00a0from 3.4% the month before, according to the latest data released Tuesday. That was actually better than the 4.6% rate economists expected, but it could all filter down to U.S. households if businesses fully pass the increases through.<\/p>\n

The effect is worldwide. Global inflation this year\u00a0looks set to accelerate to 4.4%<\/a>\u00a0this year from 4.1% in 2025, according to the International Monetary Fund, which had earlier thought inflation would slow to 3.8%.<\/p>\n

The IMF on Tuesday also downgraded its forecast for global economic growth to 3.1% this year from the 3.3% it had forecast in January.<\/p>\n

On Wall Street, strong profit reports from several companies and expectations for more helped make up for such worries. At their heart, stock prices tend to follow the path of corporate profits over the long term.<\/p>\n

BlackRock gained 3.4%, and Citigroup rose 1% after the financial companies reported stronger profit and revenue for the latest quarter than analysts expected.<\/p>\n

JPMorgan Chase also delivered a better-than-expected quarter, but its stock dipped 0.8% as CEO Jamie Dimon said bank officials cannot predict how the \u201cincreasingly complex set of risks\u201d will play out given so much uncertainty.<\/p>\n

Amazon climbed 2.6% after saying it would buy Globalstar, a mobile satellite services company, for $90 per share in either cash or Amazon stock. Globalstar rose 8.9%.<\/p>\n

Software companies also rallied a second day, recovering some of their sharp losses from earlier in the year taken on worries that rivals powered by artificial-intelligence technology could make them obsolete. AppLovin rose 2.6%, and ServiceNow climbed 1.4%.<\/p>\n

That in turn helped private-credit companies rebound. These companies have lent money to software businesses and others that may be under threat from AI, and they\u2019ve seen investors rush to try to pull their money on worries that some of the loans may not get repaid.<\/p>\n

Blue Owl Capital rose 5.7% to trim its loss for the year so far to 40.2%. Ares Management climbed 4.3%, and Apollo Global Management rose 2.9%.<\/p>\n

They helped offset a 6% drop for Wells Fargo, which reported weaker revenue for the latest quarter than analysts expected.<\/p>\n

In stock markets abroad, indexes rose across much of Europe and Asia. South Korea\u2019s Kospi jumped 2.7%, and Japan\u2019s Nikkei 225 rose 2.4% for two of the bigger gains.<\/p>\n

In the bond market, Treasury yields ticked lower. The yield on the 10-year Treasury edged down to 4.28% from 4.30% late Monday.<\/p>\n

AP Business Writers Chan Ho-him and Matt Ott contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"By STAN CHOE, AP Business Writer NEW YORK (AP) \u2014 The U.S. stock market is climbing closer to…\n","protected":false},"author":2,"featured_media":196931,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[12673,63309,4835,9,11,10,3971,38914,12672,12671,3417],"class_list":{"0":"post-196930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-dow-jones-industrial-average","9":"tag-iran-war","10":"tag-nasdaq","11":"tag-new-york","12":"tag-new-york-headlines","13":"tag-new-york-news","14":"tag-new-york-stock-exchange","15":"tag-oil-prices","16":"tag-sp-500","17":"tag-stock-market-today","18":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/196930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=196930"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/196930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/196931"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=196930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=196930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=196930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}