Stocks rise as investors shrug off renewed fighting in Iran
Stocks increased on Tuesday as investors remained optimistic about a potential peace deal between the U.S. and Iran despite renewed military actions. The S&P 500 rose by 0.7%, while oil prices fluctuated, with U.S. crude declining and Brent crude gaining. Analysts suggest that easing tensions could lead to lower energy prices and a stabilization of the market.
- ▪The S&P 500 rose 48 points, or 0.7%, to 7,522 on Tuesday morning.
- ▪U.S. military strikes on Iranian targets were described by Iran as a 'grave violation' of the ceasefire.
- ▪Average gasoline prices in the U.S. decreased to $4.49 per gallon, down from $4.53 a week earlier.
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MoneyWatch Stocks rise as investors shrug off renewed fighting in Iran .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Read Full Bio Aimee Picchi May 26, 2026 / 9:59 AM EDT / CBS News Add CBS News on Google Stocks rose on Tuesday despite renewed tensions in the Persian Gulf as investors clung to hopes of a deal between the U.S. and Iran to end the war.The U.S.
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