Wall Street declines as tech drops and oil falls
The Standard & Poor's 500 and Nasdaq indices declined due to pressure from technology stocks, amid optimism from U.S.-Iran talks, which led to a more than 3% drop in oil prices after the opening of the Strait of Hormuz. The U.S. market indicators showed limited improvement, with Brent crude falling to $77.90 and U.S. oil to $74.82.
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