Wall Street Rises Amid Iran De-escalation Concerns

U.S. indices on Wall Street rose as investors monitored developments surrounding diplomatic efforts to de-escalate tensions in the Middle East.

The Dow Jones Industrial Average increased by 0.66% to 46,428 points, the S&P 500 gained 0.54% to 6,591 points, and the Nasdaq Composite rose 0.77% to 21,929 points.

Oil prices declined, with West Texas Intermediate at $90 a barrel and Brent near $102 a barrel.

U.S. Treasury yields also fell, with the 10-year yield dropping to 4.322%.

Iranian media reported that Tehran rejected a U.S. ceasefire proposal, causing market reservations.

Nvidia, AMD, and Intel recorded strong gains, while Micron Technology's stock declined.

JetBlue rose following reports of a potential merger.