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S&P 500 Wavers at Flatline After Short-Lived Rebound
Barrons.com9h agoneutral
S&P 500 Wavers at Flatline After Short-Lived Rebound

It was a volatile day on Wall Street with the S&P 500 and the Nasdaq Composite reversing losses during the session. The gains, which were driven by reports that the U.S. and Iran were discussing a phased agreement to reopen the Strait of Hormuz, didn't last with the indexes trading just below the flatline. The S&P 500 was wavering at the flatline while the Nasdaq Composite dropped 0.1%.

S&P 500 Turns Green on Reports of 'Phased' Hormuz Reopening
Barrons.com10h agoneutral
S&P 500 Turns Green on Reports of 'Phased' Hormuz Reopening

Stock market moves reversed directions midday on Thursday after reports signaled potential progress in talks between the U.S. and Iran. The S&P 500 was up 0.1%, while the Nasdaq wobbled near the flatline. Oil futures pulled back though both West Texas Intermediate and Brent futures were still higher on the day.