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The Economic Times
The Economic Times
Business

US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare losses

The S&P 500 ended nearly flat on Thursday as a decline in Microsoft offset gains in Meta Platforms, while uncertainty over the Middle East pushed oil prices and Treasury yields higher, Reuters reported.

The S&P 500 and Nasdaq recovered from their session lows after Reuters reported that US and Iranian negotiators were exploring a phased path to ending the war. The proposed plan would involve Tehran reopening the Strait of Hormuz and Washington lifting its economic blockade of Iran.

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