US stocks stabilize as oil retreats on peace talk hopes

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U.S. equity markets have stabilized as oil prices retreated, driven by optimism surrounding potential peace talks involving the United States, Pakistan, and Iran. The Dow Jones rose 0.46% to 51,947.25, while the S&P 500 gained 0.05% to 7,411.98. The Nasdaq Composite fell 0.64% to 24,975.82. Brent crude saw a significant 3.9% drop, settling at approximately $96.78 per barrel after briefly surpassing $100 the previous session.

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