US stocks rise after companies deliver strong profits and oil prices retreat

NEW YORK (AP) — The U.S. stock market mostly rose following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3% Tuesday. The Dow Jones Industrial Average rose 1%, while drops for several big technology stocks including Apple and Meta Platforms weighed on the Nasdaq composite, which ended down less than 0.1%. After nearing $112 in the morning, the price for a barrel of Brent crude oil fell below $109. That helped the broad U.S. stock market erase its morning losses.THIS IS A BREAKING NEWS UPDATE. Check back for updates. AP’s earlier story follows below.NEW YORK (AP) — The U.S. stock market is rising Tuesday following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran...