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The Economic Times
The Economic Times

US stocks: US market ends down as Iran peace deal optimism fades

Wall Street ended lower on Tuesday, with Amazon ​and Alphabet dipping, as investors became more pessimistic about a potential deal to bring stability to the Middle East. The Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran's conditions ‌to end the war, ⁠the ⁠newly appointed secretary of Iran's Supreme National Security Council said.

Brent crude futures held near one-week highs in choppy trading, while the ​S&P 500 energy sector index climbed.

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