Wall Street rises on falling yields and oil prices

Wall Street closed higher on Tuesday, driven by falling US Treasury yields and lower oil prices. The Dow Jones rose 0.30%, the Nasdaq gained 0.66%, and the S&P 500 increased 0.32%. Brent crude fell over 6.5% to $86.2 per barrel, while US WTI dropped 5.5% to $80.40. The decline followed signals of de-escalation between the US and Iran, reducing fears of supply disruptions. Treasury Secretary Bessent announced a phased approach to sanctions, giving countries time to cut trade with Tehran. Investors remained cautious ahead of Wednesday's inflation data and Nvidia's quarterly earnings report. The market also weighed diplomatic efforts, including reports that Washington may soon repatriate diplomats evacuated from the region.