US-Iran Tensions Cool, Stocks Drift on Wall Street

Stocks on Wall Street closed in a mixed bag Monday as oil prices dropped following a temporary halt to US-Iran hostilities. The war has paused, and efforts are underway to restart negotiations to end the conflict.

The S&P 500 rose slightly less than 0.1%, bouncing between small gains and losses throughout the day. This comes after two consecutive weekly losses for the benchmark index.

The Dow Jones Industrial Average saw a 0.5% increase, while the Nasdaq composite fell 0.2%. This marks its fourth straight loss.