Nasdaq, Dow Jones close in the red amid Hormuz impasse
US stocks ended lower as US-Iran talks remained unresolved amid Strait of Hormuz uncertainty. The Nasdaq fell 0.6% to 26,445, while the Dow and S&P 500 each declined 0.3%. Oil was steady near $82.50/bbl, according to IG’s Axel Rudolph. The article also cites company-specific moves including Nvidia’s $500B AI financing plan and several earnings, bids, and guidance updates.