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US Stocks Rise While Oil Prices Calm Down

Investors felt better as oil prices became less extreme after ceasefire hopes grew.

Financial market chart beside energy market symbols

US stock markets moved higher as investors watched the Middle East closely.

Oil prices were still high, but they were not rising as sharply as before.

Traders said hopes for a ceasefire helped reduce some fear in financial markets.

The mood stayed careful because many investors still worry that the situation could change quickly.