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U.S. Stocks Turn Higher as Hopes for Progress in U.S.-Iran Diplomacy Lift Sentiment

The Dow rose about 500 points, while the S&P 500 and Nasdaq also advanced, setting aside earlier concerns about the artificial-intelligence trade.

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By Angus BerwickStocks abruptly reversed course this morning to trade higher on hopes that progress has been made in U.S.-Iran diplomacy.The Dow is up by about 500 points; the S&P 500 and Nasdaq also rose, setting aside earlier concerns around the artificial-intelligence trade. Brent crude prices f…