Wall Street inches higher while oil prices fall on optimism over talks of Iran ceasefire extension

Wall Street rose slightly while oil prices fell on optimism about a tentative U.S.-Iran ceasefire extension. Stock futures for the S&P 500 and Dow Jones increased, Dell Technologies surged 33% on strong earnings and a Pentagon contract, and Gap dropped 15% after revising sales guidance. A potential 60-day ceasefire extension and reopening of the Strait of Hormuz are under discussion.