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Most of the U.S. stock market is rising Friday after oil prices eased back to where they were before the war with Iran, but drops for AI stocks are keeping the market in check.

The S&P 500 rose 0.2 per cent a day after setting its latest all-time high. The Dow Jones Industrial Average was up 140 points, or 0.3 per cent, as of 11:30 a.m.

North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid the ongoing stalemate between Iran and the U.S.

SpaceX jumped as the rocket maker’s stock opened for trading Friday and shot the market value up to US$1.96 trillion — which made CEO Elon Musk the first-ever trillionaire.

The price for a barrel of benchmark U.S. crude oil settled at $88.90 after regressing from an overnight high above $92.50, while stocks finished higher.

The price of crude oil rose after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

Oil prices plunged below US$95 per barrel, and stock markets surged worldwide Wednesday after U.S. President Donald Trump pulled back from his threat to destroy Iran.

The move sets up a high-stakes test of whether investor appetite for the AI revolution can match the sky-high expectations surrounding the booming sector.

Wall Street is clawing back some of its steep losses from Friday, as stocks swept up in the artificial-intelligence boom bounced back on Monday.

The S&P 500 fell 1.7% to close its worst week since the war with Iran began, while Wall Street's five-week losing streak is its longest in nearly four years.

The mixed movements followed a whirlwind of action in the war over the weekend, including an entry into the fighting by Houthi rebels in Yemen.

Much remains unknown, including whether the deal says anything about Iran’s missile program or support for its regional allies like Lebanon’s Hezbollah.

The main U.S. indexes were on track to open higher on Monday after President Donald Trump said he would order the military to postpone strikes against Iranian power plants.

President Donald Trump said the U.S.-Iran ceasefire was on “life support” after he rejected Iran's latest proposal to end their war.

Hope for a possible end to the war with Iran is taking over again on Wall Street Wednesday, and stocks are back to jumping while oil prices ease.

Wall Street’s strength followed manic swings in the oil market, where prices surged overnight on worries that the Iran war will affect the flow of crude for a long time.

If the Strait of Hormuz reopens following the signing of the Iran peace deal on Friday, experts say it will still take some time to replenish the world's strategic oil stockpiles.

Shares of Elon Musk's SpaceX have been choppy Tuesday following a three-session selloff that wiped out more than US$600 billion from the company's market value.

SpaceX roared past Amazon's market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the world's most valuable companies.

Tech shares led U.S. stocks modestly higher on Tuesday as hopes for an earlier-than-expected end to the U.S.-Israeli war on Iran persisted.