Stocks Close Mixed Amid Ongoing US-Iran Tensions
The S&P 500 and Nasdaq closed lower while the Dow rose as markets reacted to shifting crude oil prices driven by unresolved tensions between the U.S. and Iran over the Strait of Hormuz closure. Crude initially climbed after Iran dismissed U.S. demands for peace, but later fell following President Trump's announcement that a planned attack on Iran was canceled.
Topics: bond yields Iran-US tensions oil prices stock market