Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records

U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following "attempted attacks" by Iran.

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of continued demand for all things linked to artificial intelligence.

AI winners are giving back some of their big recent runs, leaving the U.S. market mixed as oil prices ease. The S&P 500 fell 0.2% Thursday, a day after dropping

Israel and Lebanon agreed to implement a ceasefire to end hostilities, the ⁠Trump ⁠administration said on Wednesday, in a boost to hopes for a ⁠broader deal to end the U.S.-Israeli war on Iran. Tehran,

Despite flare-ups in Middle East violence, investors remain optimistic that the U.S. and Iran will soon end the war.

Crude futures rose for a third consecutive session as a renewed exchange of fire between the U.S. and Iran raised tension and concerns that oil will be shut in for longer.

Oil prices are rising Wednesday following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire, and U.S. stocks are retreating from their records. The S&P 500 fell 0.6% from its all-time high.