NEW YORK (AP) — U.S. stocks are drifting near their records Monday after trading resumed following a three-day weekend for Wall Street.
The S&P 500 slipped 0.3%, coming off its 11th winning week in the last 12, and pulled 1.7% below its all-time high set early this month. The Dow Jones Industrial Average was up 131 points, or 0.3%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 1% lower.
In the oil market, prices eased following talks over the weekend between the United States and Iran on their war. U.S. Vice President JD Vance said they created a "good foundation for a successful final deal."
