Wall Street extends gains as oil prices retreat on hopes of US-Iran breakthrough
New Delhi, Sept. 22 -- Wall Street stocks moved higher on Tuesday, extending the previous session's advance as a decline in oil prices supported investor sentiment amid growing hopes of diplomatic progress in the US-Iran conflict.
At 09:32 a.m. ET, the Dow Jones Industrial Average rose 155.42 points, or 0.30%, to 52,204.25, the S&P 500 gained 14.39 points, or 0.19%, to 7,779.09 and the Nasdaq Composite added 89.57 points, or 0.33%, to 27,211.66.
Iranian President Masoud Pezeshkian travelled to New York to participate in the United Nations General Assembly, with markets closely watching the visit for signs of potential diplomatic engagement.
Investors see the gathering as a possible opportunity for Iranian and US officials to discuss co...
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