Nasdaq Turns Higher After Friday Selloff

U.S. stocks traded mostly higher, led by the Nasdaq composite, as chip stocks staged a comeback and Iran and Israel paused renewed strikes.

Iran and Israel Halt Exchanges of Fire

In a tumultuous resumption of violence, Iran had fired several volleys of attacks, while Israel's targets included a major Iranian petrochemical facility.

ECB Expected to Be First Among Peers to Raise Key Rate in Response to Conflict