Stocks kicked off the holiday-shortened week mixed as investors monitored developments between the U.S. and Iran. Cooling Treasury yields and strength in the tech sector boosted sentiment, sending the S&P 500 and Nasdaq to fresh record closes. Micron Technology (MU) stole the spotlight with a sharp rally that lifted its market capitalization above $1 trillion for the first time ever. The Dow, meanwhile, snapped its three-day win streak with a triple-digit loss.
WTI Slips from Friday's Close
Oil prices fell Tuesday amid geopolitical uncertainty. June-dated West Texas Intermediate (WTI) shed 2.8% from Friday's close to settle at $93.89 per barrel.
June-dated gold futures added 0.1% to settle at $4,527.90 per ounce.
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