The New York stock market opened mixed on expectations of an end to the U.S.-Iran conflict.
As of 9:55 a.m. on the 27th (local time), on the New York Stock Exchange, the Dow Jones Industrial Average rose 184.16 points, or 0.36%, from the previous session to 50,645.84. The Standard & Poor's (S&P) 500 rose 1.28 points, or 0.02%, to 7,520.4, while the Nasdaq composite fell 27.08 points, or 0.1%, to 26,629.1.
European stocks are higher. The Euro Stoxx 50 is up 0.49% from the previous session at 6,093.62. France's CAC 40 is up 0.84%, Germany's DAX is up 0.19%, and Britain's FTSE 100 is up 0.06%.
By contrast, international oil prices fell. Around the same time, West Texas Intermediate (WTI) for July delivery was down 4.63% from the previous trading day at $89.54 per barrel. The drop in crude prices is seen as due to expectations of an end to the U.S.-Iran conflict. President Donald Trump convened a Cabinet meeting. There is speculation they will discuss whether to reach a deal with Iran.