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Wall Street Gains as Energy Markets Ease Slightly

Stocks rose after oil prices trimmed earlier gains and investors responded to possible diplomatic progress.

Financial market chart beside energy market symbols

US stocks ended higher as markets reacted to signs that tensions in the Middle East might not grow worse immediately.

Oil prices remained elevated, but some of the earlier surge faded as traders considered the possibility of a ceasefire holding.

That helped support buying in equities, with major indexes recovering from early weakness.

Even so, analysts say financial markets remain sensitive to any update that could affect energy supplies or revive fears of broader conflict.