US Stock Market Live Updates: Dow jumps 270 pts at open, but fragile sentiment lingers amid Iran uncertainty
Wall Street opened modestly higher on Tuesday, attempting a rebound after the previous session’s pullback, even as geopolitical uncertainty lingered.
The Dow Jones Industrial Average rose 270 points, or 0.5%, at the open. The S&P 500 gained 0.2%, while the Nasdaq Composite advanced 0.3%, recovering slightly after all three major indices ended marginally lower on Monday.
US Stock Market Live Updates: Wall Street opened modestly higher on Tuesday, attempting a rebound after the previous session’s pullback, even as geopolitical uncertainty lingered.
The Dow Jones Industrial Average rose 270 points, or 0.5%, at the open. The S&P 500 gained 0.2%, while the Nasdaq Composite advanced 0.3%, recovering slightly after all three major indices ended marginally lower on Monday.
The move follows the Nasdaq snapping its 13-day winning streak, its longest since 1992, in the prior session.
The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors.
West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.
Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.