Wall Street Stocks Drift Amid Eased Mideast Tensions

Stocks on Wall Street closed in a mixed manner as tensions in the Middle East eased. The U.S. and Iran paused their attacks, allowing work to resume on negotiations aimed at ending the conflict.

The easing of tensions led to a decrease in oil prices. This development had an impact on the stock market, causing stocks to drift to a close without significant gains or losses.

AP Business Writers Damian J. Troise and Alex Veiga reported that the mixed close on Wall Street was largely due to the uncertain economic environment caused by the ongoing conflict in the Middle East.