Stocks rise on hopes for US-Iran ceasefire as oil gains on Lebanon attack concerns
Investors remained optimistic about a shaky ceasefire in the US-Iran war ahead of planned weekend talks, while oil prices rose amid concerns that Israel's continued attacks on Lebanon could derail the peace process.
Stocks rose Friday with investors still optimistic about the shaky ceasefire in the US-Iran war ahead of planned weekend talks. Oil prices extended gains on worries that Israel's continued attacks on Lebanon could shatter the peace process.