Stocks have been trading lower since the start of last week due to the conflict in Iran, which has driven oil prices higher.

Stocks rose on Wednesday, building on the momentum seen late in the previous session, as the surge in oil prices pulled back following developments in the U.S.-Israeli war on Iran and fears about a U.

Traders watched rising geopolitical tensions and worried the U.S.-Iran conflict could go on longer than anticipated.

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The impact on oil prices and in turn, on inflation is the focus for investors already uneasy about the backdrop for stocks.

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