US Stocks Rise as Oil Prices Rebound
U.S. stocks edged higher following a reversal in oil prices, with the S&P 500 rising by 0.2% and nearing its all-time high. The Dow Jones Industrial Average gained 0.6%, while the Nasdaq Composite rose slightly at 0.1%. Oil price volatility due to uncertainty over Iran's war affecting the Strait of Hormuz led to fluctuations in financial markets.
