Market fluctuations and oil prices steady ahead of US-Iran negotiations
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Stocks on Wall Street wavered ahead of planned US-Iran talks, with the S&P 500 rising 0.2% and the Dow Jones Industrial Average falling 0.3%. Oil prices held steady, with Brent crude oil at $95.47 per barrel and US crude oil at $97.59 per barrel, amid a shaky ceasefire agreement between the US and Iran.
Stocks on Wall Street were mixed ahead of US-Iran talks. The S&P 500 rose 0.2% and the Dow Jones Industrial Average fell 0.3%. Technology companies like Nvidia and Broadcom helped counter losses. Oil prices held steady, with Brent crude at $95.47 per barrel and US crude at $97.59 per barrel. The US and Iran are set to hold high-level talks on Saturday. The conflict has driven surging inflation in the US, with prices at the gas pump jumping. The Federal Reserve is concerned about inflation and may hold interest rates steady.
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