Country: US | Published: 2026-09-25
US stocks pared earlier losses as reports of a phased US-Iran deal to reopen the Strait of Hormuz eased supply worries, though oil still settled higher after an attack on Saudi inf
US stocks pared earlier losses as reports of a phased US-Iran deal to reopen the Strait of Hormuz eased supply worries, though oil still settled higher after an attack on Saudi infrastructure kept energy markets on edge. Geopolitics dominated the tape, with US-China trade talks producing a new arrangement announcement that some critics called light on substance, while the Senate rejected a resolution to halt the Iran conflict. Corporate news was thin, with Costco beating expectations but edging only slightly lower, suggesting investors are leaning on earnings while watching the diplomatic headlines.