Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States…

Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.

Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal.

Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.

Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.

A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation.

Investors were in a more sober mood after sharp moves on the previous day.

Markets reacted positively after the United States and Iran reached a last-minute cease-fire agreement.

President Trump's Tuesday evening deadline for a deal approached after he rejected a cease-fire proposal as “not good enough.”

President Trump claimed in a White House address that the war on Iran was “nearing completion” but made no new announcements about the conflict.