US stock benchmark opened higher on Wednesday as market sentiment shifted toward cautious optimism following reports of back-channel diplomatic overtures from Iran to end the conflict and President Donald Trump’s assurance to stabilize stabilize global energy markets.
At the opening bell, the Dow Jones Industrial Average rose 134.33 points or 0.28% to 48,629.08. The S&P 500 rose 15.1 points, or 0.22%, to 6,831.69, while the Nasdaq Composite rose 104.2 points, or 0.46%, to 22,620.89.