US Stock Market Today: S&P 500 and NASDAQ Rise on Intel Surge and Iran Talks Hopes
US equities showed mixed performance as the Dow Jones Industrial Average fell 0.35% to 49,137.38. At the same time, the S&P 500 rose 0.21% to 7,122.98, while the NASDAQ gained 0.63% to 24,592.41. Market activity reflected cautious trading across sectors as US chip stocks soared to record highs.
Investor sentiment improved after reports suggested the possible resumption of US-Iran discussions. A Pakistani source said Iran’s foreign minister, Abbas Araqchi, may travel to Islamabad, where earlier diplomatic talks had taken place. However, the report also stated that no direct confirmation of US talks was included.
Oil prices remained a key concern. Brent crude stayed about 44% above pre-conflict levels due to disruptions in the Strait of Hormuz. Market participants continued to monitor energy supply risks linked to the regional situation.