Dow falls, S&P 500 gain as Trump sets Iran deadline
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- Dow finished lower on Tuesday after a choppy trading session.
- S&P 500 eked out gains on Tuesday despite market volatility.
- Nasdaq eked out gains on Tuesday as investors watched the deadline.
- Investors awaited President Trump’s 8 p.m. Eastern deadline on Tuesday to reopen the Strait of Hormuz.
- President Trump set the 8 p.m. Eastern deadline to reopen the Strait of Hormuz.
Why it matters: Investors' cautious optimism kept the market from a sharp decline, limiting losses on the Dow while allowing modest gains on the S&P 500 and Nasdaq, as Trump's deadline to reopen the Strait of Hormuz set a clear timeline for potential oil‑supply relief.
