S&P 500 Little Changed as Oil Falls Over 6% — SkimNews
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- S&P 500 was little changed as tech-stock losses outweighed cooler oil prices ahead of the midterms.
- Oil prices sank more than 6% on U.S.-Iran peace hopes; U.S. stocks rebounded after Friday’s selloff.
Why it matters: Technology-stock investors bore the drag behind the S&P 500’s muted session, even as oil fell more than 6% on Iran peace hopes. U.S. equity investors saw a rebound from Friday’s selloff in broader coverage, a contrast the “little changed” headline leaves understated.
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