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US stocks rise and oil prices trim their gains on hopes for the ceasefire with Iran

NEW YORK (AP) — U. S. stocks rose Thursday, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran. The morning began with modest losses for Wall Street following drops for Asian and European stocks. But the S&P 500 erased its dip and was up by 0. 5% in late trading after Israel's prime minister authorized direct negotiations with Lebanon. That eased worries that the two-week ceasefire announced late may...

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