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Wall Street inches higher and oil edges lower before the bell despite flare-up in Iran war

Wall Street rebounded and oil prices retreated early Tuesday despite an exchange of fire between the U. S. and Iran near the Strait of Hormuz. Futures for the S&P 500 rose 0. 3%, while futures for the Dow Jones Industrial Average inched up 0. 1%. Nasdaq futures climbed 0. 5%. Tensions in the Middle East escalated when the United Arab Emirates, a U. S. ally, said it came under attack from Iran for the first time since the ceasefire last month. The fragile ceasefire between the U. S. and Iran U...

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