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U.S. Stocks Reverse Higher as Dow Gains More Than 500 Points

The Dow rose more than 500 points, while the S&P 500 and Nasdaq also advanced, as investors hoped for progress in U.S.-Iran diplomacy. Stocks shook off earlier concerns about artificial intelligence.

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U.S. stocks turned sharply higher this morning amid hopes of progress in U.S.-Iran diplomacy. The Dow rose more than 500 points, while the S&P 500 and Nasdaq also advanced, shrugging off earlier concerns about the artificial-intelligence trade. Brent crude price…