The stock market rallied back toward its highest levels on record on Tuesday as oil prices sank in the wake of a cease-fire between Israel and Iran.
The S&P 500 rose 1.1% to move within 1% of its Feb. 19 closing high. The Dow Jones Industrial Average rallied 507 points, or 1.2%. The Nasdaq Composite gained 1.4%.
The Nasdaq 100 rose 1.5% to mark its first record close since Feb. 19.
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