Wall Street rises as oil prices fall, while Apple slips ahead of earnings report

After about a quarter of a day’s trading, the Dow Jones Industrial Average was up 0.9 percent, the S&P 500 0.6 percent and the tech-heavy Nasdaq Composite 0.9 percent.

Hopes for peace talks between the United States and Iran have been renewed, and oil futures prices are falling.

A barrel of North Sea Brent crude was trading at $106.63, down 6 percent on the day. US WTI crude was down 6.3 percent at $97.52.

Apple, the world’s most valuable listed company, was down 1 percent ahead of its earnings report, due after the market closes at 10 p.m. Swedish time.