US Stock Market | Wall Street ends higher as hopes of Iran war resolution offset inflation fears

All three indexes staged a late comeback after Trump said the war was "very far ahead" of his initial four-to-five-week estimated time ‌frame. Early in the ⁠session, oil ⁠prices reached their highest levels since mid-2022 due to constricted supply arising from shipping disruptions as the war on Iran entered its tenth day. Ballooning energy prices could metastasize into a broader inflation spike at a time when many U.S. consumers are struggling with affordability. Crude prices fell, however, after sources s ...