# All three major US stock indexes gained ground after rebounding from an earlier dip as Israel sought talks with Lebanon.

*business · news · 2026-04-09 · The Straits Times*

## Key points

- US stocks rebounded as Israel initiated talks with Lebanon to resolve the Middle East conflict.
- The S&P 500 moved back above its 100-day and 200-day moving averages in two sessions.
- Iran has not yet reopened the Strait of Hormuz, keeping crude prices volatile but below $100 per barrel.
- Federal Reserve minutes reveal policymakers are considering rate hikes due to inflation risks from the Iran war.
- Amazon's AI cloud services now generate over $15 billion in annualized revenue, boosting its stock.

**Companies:** Amazon.com, Constellation Brands, Applied Digital
**Countries:** United States, Iran, Israel, Lebanon

[Read the full story on The Straits Times](https://www.straitstimes.com/business/companies-markets/wall-street-ends-higher-as-middle-east-peace-talks-lift-sentiment)

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