US Stocks: S&P, Nasdaq end lower as investors weigh Middle East conflict outlook

U.S. stocks closed mostly lower as President Trump’s conflicting messages on Iran and escalating Middle East conflict weighed on markets. Despite optimism over discussions, threats to the Strait of Hormuz and Iranian oil facilities fueled investor concerns. Fed Chair Powell’s comments on inflation offered some support, while financial stocks rose on new 401(k) guidelines.

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