US stocks near their record as oil prices tumble and stocks rally worldwide

NEW YORK (AP) — Oil prices are dropping further, and U.S. stocks are pulling close to their all-time high Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire in the morning. The S&P 500 was 1% higher in midday trading, following up on even bigger gains for stocks...