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U.S. Stocks Mostly Lower After Trump Threatens to Strike Iran, Declaring Ceasefire Over
The Wall Street Journal30d agoneutral
U.S. Stocks Mostly Lower After Trump Threatens to Strike Iran, Declaring Ceasefire Over

U.S. stocks were mostly lower after President Trump said the ceasefire with Iran was over, suggesting the latest exchange of attacks near the Strait of Hormuz could continue. The tech-heavy Nasdaq Composite rose 51.96, or 0.2%,to 25870.65, as beaten-down semiconductor stocks recouped some losses. The most significant tensions since the June peace deal began with Iranian attacks on ships in the Strait of Hormuz earlier this week, which set back efforts to reopen the strategic waterway.

Inflation Fears Retake the Stage
The Wall Street Journal30d agoneutral
Inflation Fears Retake the Stage

Markets tumbled after President Trump said the ceasefire with Iran may be over. Speaking in Turkey at the NATO summit, the president said the U.S. was likely to continue strikes. The Nasdaq Composite, however, managed a 0.2% gain.

Stocks Little-Changed After Fed Minutes Release
Barrons.com30d agoneutral
Stocks Little-Changed After Fed Minutes Release

Stocks were little-changed after the Fed released minutes from its latest meeting. The Federal Open Market Committee held rates steady in June, and the meeting was the first under the leadership of Chairman Kevin Warsh. The Dow was down 600 points, or 1.6%, the S&P 500 was down 0.4%, and the Nasdaq was down 0.1%.