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2026-08-10T21:46:00.000Z

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US stocks steady amid Iran talks

US stocks steady amid Iran talks

U.S. stock indices stabilized significantly, amid increasing doubts over reaching a permanent agreement between the United States and Iran, amid rising oil prices due to uncertainty regarding the Strait of Hormuz supplies. The S&P 500 index recorded a slight increase of 0.1%, while the Nasdaq Composite declined by 0.1%, and the Dow Jones dropped by 110 points (0.2%). Intel's stock fell by approximately 4% after the company announced its intention to issue shares worth $15 billion. In Asia, the Nikkei 225 rose by 2.1%, closing at 66,970 points, and the Hang Seng in Hong Kong increased by 1%. In Europe, stocks began to stabilize broadly as developments related to the Strait of Hormuz are closely monitored.

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