Wall Street Stocks, Crude Oil Prices Mixed After US-Iran Pause
Stocks on Wall Street closed in a mixed manner Monday as oil prices dropped following a pause in attacks between the US and Iran. The S&P 500 rose less than 0.1% after spending the day fluctuating between small gains and losses.
The Dow Jones Industrial Average increased by 0.5%, while the Nasdaq composite fell 0.2%, its fourth consecutive loss.
The decline in oil prices was a significant change from last week, when tensions escalated, causing prices to surge above $100 per barrel.