Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.4%), Nasdaq Composite (-0.6%), and DJIA (+0.2%) remain mostly lower an hour into today's session. 

Senior Iranian officials told Reuters that the U.S. peace proposal was one-sided and lacks the minimum requirements for success. There are no current plans for negotiations, but diplomatic channels remain open. 

The energy sector (+0.8%) is now the best-performing S&P 500 sector amid a higher price of oil. Crude oil is currently up $2.51 (+2.8%) to $92.83 per barrel. Valero Energy (VLO 243.83, +9.28, +3.96%) is one of the top movers in the S&P 500 this morning.