U.S. stocks moved higher on Tuesday following a strong session in which traders shrugged off a breakdown in peace talks between the U.S. and Iran, yet were optimistic that a deal between the two countries was still possible. Traders also navigated a slew of fresh corporate earnings results.

The S&P 500 rose 0.3%, while the Dow Jones Industrial Average added 41 points, or 0.1%. The Nasdaq Composite climbed 0.7%.

Credo Technology shares rose 14% in morning trading following the company’s announcement that it has entered into a definitive agreement to acquire DustPhotonics, a developer of Silicon Photonics Photonic Integrated Circuit technology for optical transceivers.