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April 10, 2026

Stocks rise and oil prices trim their gains

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks rose Thursday, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.

The morning began with moderate losses for Wall Street following drops for Asian and European stocks. But the S&P 500 erased its dip and finished with a 0.6% gain after Israel's prime minister authorized direct negotiations with Lebanon. That eased worries that the two-week ceasefire announced late Tuesday may already be in trouble because of Israel's bombardment of Lebanon.


 
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