BUSINESSWPLG LOCAL 10 MIAMI
US stocks drift near their records after oil prices fall
US stocks edged near records amid falling oil prices following US-Iran talks over the war, which could ease Strait of Hormuz tensions. The S&P 500 and Dow rose slightly, while the Nasdaq dipped. Treasury yields climbed due to inflation concerns, with traders anticipating potential Fed rate hikes by year-end.
Mentioned
United StatesplaceIranplaceS&P 500topicDow Jones Industrial AveragetopicNasdaq CompositetopicBrent crude oiltopicFederal ReserveorganizationStrait of HormuzplaceAbbVieorganizationApogee Therapeuticsorganizationartificial-intelligence technologytopicU.S. Vice President JD VancepersonKeir Starmerperson
Related Signal
Adjacent reporting
- Wall Street rises as AI stocks swing back upward and oil prices ease
- The Dow jumps 900 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- Slumping AI stocks weigh on Wall Street, even as oil price ease
- Oil prices slip and Asian shares mostly gain as US-Iran talks still in doubt
- The Dow jumps 800 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- Oil prices climb back toward $100, and US stocks halt their record-breaking rally