Stocks snapped a two-day losing streak as chipmakers rebounded, while a rally in oil lost momentum on optimism that the US and Iran could re

Stocks snapped a two-day losing streak as chipmakers rebounded, while a rally in oil lost momentum on optimism that the US and Iran could revive a peace agreement. [08:02 ET] Houthis announces 'sea navigation ban' on Saudi Arabia. [07:30 ET] Senior Iranian Source: Mediators have proposed a 10-day cessation of strikes to find ways to revive the Iran-US interim deal. [USD and Oil Weakeness, S&P 500 Strength]