The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.27%. September E-mini S&P futures (ESU26) fell -0.35%, and September E-mini Nasdaq futures (NQU26) rose +0.19%.
Stock indexes settled mixed on Wednesday, with the Nasdaq recovering from a 3.5-week low. The broader market was under pressure on Wednesday as crude oil prices and bond yields jumped after President Trump declared the ceasefire with Iran is over. Mr. Trump called the ceasefire “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz.
