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International Business Times
International Business Times
Business

Oil Plummeted On Hopes Of U.S.-Iran Talks But Chipmakers Dropped. Stocks Were Mixed Overall

Stocks were mixed on Monday as the market received contrasting signals: oil plummeted on hopes of U.S.-Iran talks, which brought optimism to the stocks market, but chipmakers dropped again.

Stocks were mixed on Monday as the market received contrasting signals: oil plummeted on hopes of U.S.-Iran talks, which brought optimism to the stocks market, but chipmakers dropped again.

The Dow Jones Industrial Average gained 0.51%, while the S&P 500 was largely unchanged, gaining 0.02%. The tech-heavy Nasdaq Composite underperformed, dropping 0.18% dragged by chipmakers.

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