Financial Markets Wall Street

U.S. stock indexes slipped and gave back some of their rallies from the day before, while oil prices got back to rising. The S&P 500 fell 0.4% Tuesday after yo-yoing through the day. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite sank 0.8%. Oil prices clawed back some of their steep 10% drops from the prior day, while Treasury yields climbed in the bond market. Markets regressed as attacks continued in the war with Iran, a day after President Donald Trump raised hopes a potential end to fighting could come soon.

Hopes for a possible end to the war with Iran pushed stocks higher on Wall Street, while oil prices eased. The S&P 500 rose 0.5% in its latest flip-flop after the United States delivered a plan to pause the war to Iran. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite gained 0.8%. But the moves were shaky, and the S&P 500 briefly came close to erasing all of its jump, which maxed out at 1.2% during the morning. Stock indexes rose more than 1% across Europe and Asia. Gold's price also climbed after Treasury yields eased in the bond market.