Stock Market Today: Dow edges up, S&P 500 and Nasdaq fall as U.S. oil prices fall after Treasury allows Iran oil sales for 60 days - MarketWatch
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- S&P 500 and Nasdaq fell, dragged down by Alphabet and megacap tech, while the Dow edged higher in mixed trading near record levels
- U.S. oil prices dropped after the Treasury allowed Iran oil sales for a 60-day period, per MarketWatch and AP headlines
Why it matters: The Treasury's 60-day window for Iran oil sales is a temporary reprieve — the deadline sets a known date when the supply dynamic could reverse, leaving energy markets exposed to renewed geopolitical risk. Meanwhile, Alphabet-led selling confirms megacap tech leadership remains narrow, with the Dow's gain suggesting rotation out of tech.
