Oil Prices Drop Amid US-Iran Ceasefire Talks
Stocks on Wall Street experienced a mixed close on Monday as crude oil prices dropped following the pause in attacks between the US and Iran. The resumption of negotiations to end the war also contributed to this development.
The S&P 500, which had been experiencing two consecutive weekly losses, rose by less than 0.1% after trading throughout the day with small gains and losses.
Meanwhile, the Dow Jones Industrial Average saw a 0.5% increase, while the Nasdaq composite fell 0.2%, marking its fourth straight loss.