Stock Market Update
02-Jul-26 12:00 ET
Crude oil continues to move lower
Dow +350.37
at 52655.61,
Nasdaq -225.38
at 25835.65,
S&P -15.95
at 7467.28
[BRIEFING.COM] The major averages trade mostly lower at midday.
Lower oil prices continue to provide support to the broader market, with WTI crude currently down $0.84 (-1.2%) to $67.74 per barrel. Multiple reports suggest that Iran is insistent on charging tolls on ships traversing the Strait of Hormuz, though that has yet to keep oil prices from retreating back to pre-conflict levels.
