03:46 PM EDT, 06/24/2025 (MT Newswires) -- US benchmark equity indexes are on track to close higher on Tuesday as oil prices declined following the ceasefire deal between Israel and Iran.

The S&P 500 increased 1.2% to 6,099.84, the Nasdaq Composite gained 1.5% to 19,934.68, and the Dow Jones Industrial Average rose 1.3% to 43,130.49. Among sectors, financials and technology led the gainers, while energy posted the lone decline.

August West Texas Intermediate crude oil fell 5.5% to $64.72 a barrel.

Coinbase Global ( COIN ) shares rose 12%, the top gainer on the S&P.

Uber Technologies ( UBER ) shares jumped 7.6%. The company is launching autonomous ride-hailing services in Atlanta in partnership with Alphabet's (GOOG, GOOGL) Waymo.

Occidental Petroleum ( OXY ) shares fell 3.3% even after Raymond James raised its price target on the stock to $55 from $51.

The 10-year US Treasury yield was down 5.1 basis points to 4.30%, while the two-year rate decreased 5.1 basis points to 3.82%.