Markets Tumble Amid Iran Talks, Earnings Momentum

Markets experienced a broad selloff Thursday, with the Dow dropping 356 points and the Nasdaq falling 0.2%. Oil prices also fluctuated, with WTI settling above $95 and Brent climbing over $101. This volatility is linked to ongoing U.S.-Iran talks, with traders awaiting potential diplomatic breakthroughs that could reopen the Strait of Hormuz and ease global tensions. Despite the markets record run, driven by strong earnings from over 400 S&P companies, tech stocks showed resilience, with software stocks outperforming chips. However, Whirlpool took a hit and cut its dividend. All eyes are on Iran developments and earnings momentum to determine if this pullback is a temporary blip or signals larger shifts ahead. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b43f089d5f218c41