S&P 500 Flat as Hormuz Hopes Offset Rising Yields — SkimNews

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- S&P 500 was little changed as traders weighed rising yields against optimism over the Strait of Hormuz reopening, per CNBC's live updates
- Dow, S&P 500, and Nasdaq trimmed losses as hopes of a Hormuz deal partially offset rising bond yields, according to cross-outlet market coverage
Why it matters: The flat session across all three major indices shows rising yields and Hormuz-related optimism are roughly in balance — neither force has yet provided a decisive directional catalyst, leaving US equities directionless despite dual macro pressures.
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