Wall Street experiences mixed trading amid oil price fluctuations and US-Iran negotiations
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Stocks on Wall Street experienced mixed trading ahead of planned US-Iran talks, with the S&P 500 falling 0.1% and the Nasdaq composite rising 0.4%. The talks come amid a shaky ceasefire agreement and surging inflation in the US, driven by the biggest monthly jump in gas prices in six decades.
Stocks on Wall Street had a mixed day ahead of planned US-Iran talks. The S&P 500 fell 0.1% and the Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite rose 0.4%. Oil prices eased, with Brent crude falling 0.8% to $95.20 per barrel. The US government reported a sharp spike in inflation in March due to gas prices. The situation remains uncertain, with Iran's semiofficial news agency claiming talks won't happen unless Israel stops its attacks in Lebanon. The conflict is behind surging inflation in the US, with prices at the gas pump jumping. The yield on the 10-year Treasury rose to 4.31% from 4.29% late Thursday.
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