US-Iran Tensions Ease, Stocks Drift on Wall Street
Stocks on Wall Street are experiencing a lackluster trading day as tensions between the US and Iran appear to be easing.
The S&P 500 is down 0.2% following two consecutive weekly losses, while the Dow Jones Industrial Average rose by 123 points or 0.2% as of 12:56 p.m. Eastern time.
The decline in oil prices has also contributed to the overall market sentiment, with crude oil prices falling by 6%.