Stocks mixed as Trump says Iran agreed to ’never have a nuclear weapon’
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US stocks ended lower amid uncertainty over Iran de-escalation talks, with the S&P 500 index slipping 0.3% to close at 6,559.62 points. President Donald Trump said Iran had agreed to 'never have a nuclear weapon' and that the US was negotiating with the right people.
US stocks ended lower on Tuesday amid uncertainty over Iran de-escalation talks. The S&P 500 index slipped 0.3% to close at 6,559.62 points, while the Dow Jones Industrial Average fell 0.2% to settle at 46,123.72 points. President Donald Trump said Iran had agreed to 'never have a nuclear weapon' and that the US was negotiating with the right people. The US and Iran have been in talks, but the status of the negotiations is unclear. Oil prices climbed to near $100 a barrel amid fresh air strikes across the Middle East. The situation remains volatile, with investors cautious about the equity market due to competing headlines regarding the Iran war.
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