The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.12%. June E-mini S&P futures (ESM26) fell -0.42%, and June E-mini Nasdaq futures (NQM26) fell -0.18%.
Stock indexes gave up early gains on Thursday and settled lower amid doubts about an imminent US-Iran peace deal. Stocks retreated as crude oil prices recovered from sharp losses and pushed bond yields higher on a report that said the Trump administration is looking to restart its plan to guide stranded ships through the Strait of Hormuz after pausing it earlier this week.
