Oil Trades in Red, but Stocks Climb

The S&P 500 was little changed on Wednesday as investors watched to see if the benchmark index could return to its all-time high.The Dow Jones Industrials skidded 91.03 points midday Monday at 42,997.99.The much-broader index fell 0.45 points to 6,091.63.The NASDAQ Composite was stronger by 37.26 points to 19,949.79.Shares of artificial intelligence darling Nvidia added 3% and was less than 1% off of its record high. Google-parent company Alphabet and chipmaker AMD gained 2% and 3%.Week to date, the S&P 500 is up more than 2% after a tamer-than-expected Iranian response to U.S. attacks over the weekend. The following ceasefire — announced by President Donald Trump — also boosted equities, as investors breathed a sigh of relief that the conflict wouldn’t disrupt global crude supply.The 10-year Treasury yield climbed 1.9 basis points to 4.312%. The 30-year yield was last 2.6 basis points higher at 4.856%.Oil prices gained $8.90 to $65.97 U.S. a barrel. Gold prices gained $18.70 to $3,404.40 U.S. an ounce.