Stocks waver and oil prices hold steady ahead of planned US-Iran talks
This image was generated by AI and may not depict real events.
Stocks on Wall Street wavered ahead of planned US-Iran talks, with the S&P 500 falling 0.1% and the Dow Jones Industrial Average falling 0.6%. Oil prices eased, with Brent crude oil falling 0.8% to $95.20 per barrel, as negotiators from Iran and the US prepare for high-level talks on Saturday.
Stocks on Wall Street were mixed on Friday. The S&P 500 fell 0.1% and the Dow Jones Industrial Average fell 0.6%. The Nasdaq composite rose 0.4%. Oil prices eased ahead of planned US-Iran talks. Brent crude oil fell 0.8% to $95.20 per barrel. US crude oil fell 1.3% to $96.57. The talks are set to take place on Saturday. The conflict has driven up oil prices and inflation in the US. The government reported a spike in inflation in March, with prices at the gas pump jumping. Bond yields held steady, with the 10-year Treasury yield rising to 4.31%. Analysts warn of a potential drawn-out impact from the oil supply shock in the months ahead.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.