New York stocks started mixed on hopes for a second round of talks between the United States and Iran.
As of 10:11 a.m. on the 15th (local time) on the New York Stock Exchange, the Dow Jones Industrial Average was down 133.48 points, or 0.33%, at 48,402.51. The Standard & Poor's (S&P) 500 was up 11.44 points, or 0.16%, at 6,978.82, and the Nasdaq composite rose 124.66 points, or 0.53%, to 23,763.74.
Investor sentiment appeared to improve on expectations that the United States and Iran will hold a second meeting before the "two-week cease-fire deadline" ends on the 21st. On this day, U.S. President Donald Trump said in an interview with Fox Business that he thinks the war with Iran is almost over. The previous day, he hinted to ABC News that a second end-of-war deal was imminent, noting he does not think a cease-fire extension is necessary.
On this day, Iran's Foreign Ministry said the two countries had continued message exchange through mediator Pakistan even after the first end-of-war talks with the United States recently fell through, raising expectations for the second round of negotiations.
However, the lack of a set date for the second talks and the wide gap between the two sides' positions appear to be capping gains in the market.
Spokesperson Baghaei emphasized that Iran's principles on the nuclear issue, the core sticking point of the end-of-war talks, have not changed. Baghaei said the right to peaceful use of nuclear power is not something that can be granted or taken away by outside pressure or wartime circumstances.
By sector, technology and communications were strong.
Broadcom's shares rose 3.50% after it released that it had signed a supply contract with Facebook parent Meta to provide 1 gigawatt (GW) worth of artificial intelligence (AI) chips through 2029.
Social media (SNS) corporations Snap said it would cut about 1,000 employees, lifting its shares 5.88%, and Nike rose 2.59% on news that Chief Executive Officer (CEO) Elliott Hill bought 23,660 shares of the company.
In contrast, industrials and utilities-related stocks were weak.
International oil prices fell. Front-month West Texas Intermediate (WTI) for May 2026 delivery was down 0.13% at $91.16 a barrel.