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April 15, 2026

Wall Street rallies to the edge of its all-time high as oil prices ease

By STAN CHOE
AP Business Writer

NEW YORK (AP) — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy.

The S&P 500 added 1.2% to its leap from the day before, and the index at the heart of many 401(k) accounts is just 0.2% below its record set in January.


 
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