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BUSINESSJul 27 · 14:55 UTCWPLG LOCAL 10 MIAMIBy DAMIAN J. TROISE, Associated Press

Stocks waver on Wall Street and crude oil prices drop 5% as Mideast tensions cool

Stocks on Wall Street showed mixed performance with the S&P 500 down 0.2%, while the Dow Jones rose 0.4%. Crude oil prices fell 5.5% as U.S.-Iran tensions eased, reducing fears over global oil supplies. The Strait of Hormuz disruptions and economic impacts like rising fuel and shipping costs were highlighted, alongside anticipation of Federal Reserve rate decisions.

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Stocks waver on Wall Street and crude oil prices drop 5% as Mideast tensions cool · The Nexus