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Benzinga
Benzinga
Business
Piero Cingari

S&P 500, Dow Fall as Brent Jumps 4%, SanDisk Trims Losses: Stock Market Today

SanDisk Stock Market ETF SanDisk Corp HubSpot Inc Middle East Shift4 Payments Inc
S&P 500 Nears 7,000 Mark

The U.S. stock market retreated from record highs by midday Thursday as a 4% surge in Brent crude revived the Middle East risk premium, while SanDisk Corp. (NASDAQ:SNDK) delivered guidance that fell short of the blowout investors had hoped for, failing to spark a broader tech rally.

Iran said it had reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz. President Donald Trump says negotiations are open-endedm while Houthi forces attacked Saudi deployments in Yemen overnight.

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