Stocks gain, oil prices sink on US-Iran peace talk hopes

US stocks (^DJI, ^IXIC, ^GSPC) are in positive territory ahead of Tuesday's session close while oil prices (CL=F, BZ=F) fall further. This comes as markets remain optimistic about ongoing talks between the US and Iran. Yahoo Finance Markets and Data Editor Jared Blikre and Breaking News Reporter Jake Conley take a closer look at the equity and global energy reactions, a full day after President Trump ordered a naval blockade against Iranian ports on the Strait of Hormuz.