US Stocks Reverse Decline Ahead of Trump’s Ceasefire Deadline

Traders work on the floor of the New York Stock Exchange.

Photographer: Michael Nagle/Bloomberg

US stocks reversed their decline on Tuesday to close slightly higher, after Pakistan asked US President Donald Trump to extend by two weeks his deadline for Iran to agree to a ceasefire deal.

The S&P 500 Index gained 0.1% while the Nasdaq 100 Index was little changed. Oil fell and the Cboe Volatility Index hovered near 26.