Market Rally Wavers With Investors in Wait-and-See Mode on Iran

Stocks were on track to edge higher Thursday, with investors waiting for fresh details about Iran peace talks and reluctant to make any major moves ahead of the April nonfarm payrolls report. The indexes racked up gains after President Donald Trump stoked hopes of a peace deal between the U.S. and Iran, telling reporters there had been “very good talks over the past 48 hours.”