US stocks’ major indexes slipped to roughly two-week lows on Tuesday as heavyweight technology shares declined even as diminishing prospects for a US-Iran peace agreement stoked oil prices and kept government bond yields near multi-year highs, Reuters reported.
According to the report, Iran said it would adopt a "fully offensive" military posture after efforts to negotiate a permanent end to the war with the U.S. stalled. Meanwhile, Washington ruled out extending a temporary ceasefire agreement that expired on August 17.