NEW YORK (AP) β Stocks are opening higher on Wall Street and oil prices are down 6% after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end the war. The S&P 500 rose 0.8% early Monday. The index is coming off two weekly losses in a row. The Dow Jones Industrial Average rose 581 points, and the Nasdaq composite rose 1%. Chinese memory chip maker CXMT soared in its debut in Shanghai. After shooting as high as $102 a barrel last week, Brent crude was trading at about $90 a barrel. Treasury yields fell in the bond market.
THIS IS A BREAKING NEWS UPDATE. APβs earlier story follows below.
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