U.S. and Iranian negotiators agreed on a 60-day memorandum of understanding to extend the ceasefire, media reports suggested.
The Dow Jones Industrial Average, the S&P 500, and the tech-heavy Nasdaq Composite rose as the stock market reacted to fresh hopes for a U.S.-Iran peace deal amid fears over inflation.
Major stock indexes ended higher Friday ahead of the holiday weekend, with the Dow Jones Industrial Average setting intraday ...