Stocks hit their session lows early Monday as market participants reacted to news that the U.S. and Iran failed to reach a resolution during high-level talks held over the weekend. All three main indexes were higher by the close, though, with the tech-heavy Nasdaq Composite notching its longest daily win streak since 2023.
After Vice President J.D. Vance left Pakistan without a peace deal, President Donald Trump said via Truth Social that the U.S. will block ships from passing through the Strait of Hormuz.
