Market mixed as oil prices ease, tech stocks sink | Arkansas Democrat Gazette

U.S. stock trading was mixed Monday as oil prices eased while falling Big Tech weighed on Wall Street, keeping major indexes under pressure. The S&P 500 slipped 0.4%, extending a pullback to 1.8% below an all-time high reached early in the month. The Dow Jones Industrial Average rose 148 points, or 0.3%, while the Nasdaq composite fell 1.3%. In commodities, Brent crude dropped 3.2% to $77.52 a barrel and U.S. crude fell 2.6% to $73.86, after weekend talks between the United States and Iran. Vice President JD Vance said the talks created a “good foundation” for a final deal, but Iran’s military said it closed the Strait of Hormuz again, a claim the U.S. Central Command disputed. Despite lower oil, Treasury yields rose as markets priced potential Federal Reserve rate hikes. The 10-year yield climbed from 4.46% to 4.50%.