BUSINESSJun 3 · 16:13 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

Oil prices climb back toward $100, and US stocks halt their record-breaking rally

Oil prices rose toward $100 due to renewed U.S.-Iran tensions, while U.S. stocks retreated from record highs. The S&P 500, Dow Jones, and Nasdaq all declined, with Brent crude oil climbing 2.1% to $97.98. Some stocks like Medtronic and GameStop rose on strong earnings, while others like Palo Alto Networks fell despite beating expectations.

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United StatesplaceIranplaceS&P 500organizationDow Jones Industrial AverageorganizationNasdaq compositeorganizationBrent crude oiltopicMedtronicorganizationGameStoporganizationMacy’sorganizationPalo Alto NetworksorganizationTreasury yieldstopic

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