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Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide | Business

Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide | Business

NEW YORK (AP) — Stocks rose, and oil prices eased Thursday as financial markets calmed in the wait to see what will come next after President Donald Trump raised doubts about the temporary truce in the war with Iran.

The S&P 500 climbed 0.8% and more than recovered its loss from the day before, even though the United States launched new airstrikes against Iran, which responded by targeting U.S. allies in the Middle East. The Dow Jones Industrial Average added 139 points, or 0.3%, and the Nasdaq composite rallied 1.3%.

In the oil market, prices gave back much of their jumps from the day before. The price for…

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