Stocks on Wall Street were mixed in early trading. As the end-of-war talks between the United States and Iran are delayed, it is seen as affecting investor sentiment.
As of 10:30 a.m. on the 2nd (local time), the Dow Jones Industrial Average on the New York Stock Exchange was down 127.88 points, or 0.25%, at 50,951.00 from the previous session.
The Standard & Poor's (S&P) 500 index rose 0.78 points, or 0.01%, to 7,600.74, and the Nasdaq composite gained 33.04 points, or 0.12%, to 27,119.85 from the previous session.
Tensions are rising in the region as the United States and Iran delay reaching an end-of-war agreement. Iran's semi-official Fars news agency said that regarding a potential preliminary memorandum of understanding (MOU) for an end to hostilities between the United States and Iran, message exchange between the two countries has been suspended for at least several days.
By contrast, President Donald Trump, in a phone interview with ABC in the United States that day, was asked about the timing for completing the MOU and reaching an agreement and said, "I think within the next week you'll be talking about it."
Clashes between the two countries also continue. The Islamic Revolutionary Guard Corps (IRGC) said, "In response to the U.S. attack on the Iranian vessel Lion Star in the Gulf of Oman, the IRGC Navy struck the U.S.-Israeli vessel MSC Sariska with a cruise missile as a retaliatory measure."
It is presumed to be a retaliatory attack for the U.S. military firing a missile on the 30th of last month at a merchant ship registered in Gambia that was sailing to an Iranian port.
The same goes for Israel's attack on Lebanon. According to Lebanon's National News Agency (NNA), Israeli airstrikes hit several villages in southern Lebanon, including Marwaniyeh, Siddiqin, Yater and Mansouri, the previous night.
International oil prices fell. At the same time, the price of West Texas Intermediate (WTI) for July 2026 delivery, the nearest-month contract, was set at $91.81, down 0.38% from the previous session.