With expectations for a deal rising ahead of a second U.S.-Iran armistice talk, New York stocks are gaining in early trading.

Traders work on the floor of the NYSE in New York./Courtesy of Reuters Yonhap

As of 9:45 a.m. on the 21st (local time), the Dow Jones Industrial Average is up 284.27 points, or 0.57%, at 49,726.83.

The Standard & Poor's (S&P) 500 is up 10.84 points, or 0.15%, at 7,119.98 from the prior session. The tech-heavy Nasdaq Composite is up 22.36 points, or 0.09%, at 24,426.76.

Investors are focusing on the possibility of a deal in the second U.S.-Iran armistice talks. U.S. President Donald Trump said in a phone interview with CNBC, "I think they (Iran) have no other choice," adding, "In the end we're going to make a great deal." Trump said Iran has no choice but to send a negotiating team and that the second armistice talks will happen.

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