Stocks retreat from records as software shares slump, oil jumps: Live updates - CNBC
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- S&P 500 fell from its record high as software shares slumped, ending its recent rally.
- Nasdaq saw its longest winning streak since 1992 stall as tech stocks pulled back.
- Oil prices rose sharply after tensions in the Strait of Hormuz, lifting energy shares.
- Dow Jones also slipped, with broader market sentiment muted by mixed earnings and Middle East uncertainty.
Why it matters: Not enough in the article to say why this matters.
