Stocks Rise, Oil Falls as Truce Prospects Weighed: Markets Wrap

Stocks and bonds rose while oil fell as traders weighing the viability of US-Iran ceasefire talks sent markets to a series of swings.

The S&P 500 advanced for a second time this week as US efforts to end the war gathered pace, eclipsing news that Iran rejected a truce proposal and maintained its military strikes. Brent settled around $102 a barrel. Treasuries pared their March losses. Gold climbed.