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

NEW YORK (AP) — Financial markets are moving cautiously Thursday, a day after surging on optimism about a ceasefire in the war with Iran, and U. S. stocks are rising even though oil prices are too. 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. 7% in afternoon trading after Israel said it would begin direct negotiations with Lebanon. That helped calm worries that the two-week ceasefire late 0...

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