Stock Market Update

28-Jul-26 15:00 ET
Oil settles lower
Dow +582.48 at 52792.56, Nasdaq -5.35 at 24947.74, S&P +26.52 at 7439.70

[BRIEFING.COM] The S&P 500 (+0.4%), Nasdaq Composite (-0.1%), and DJIA (+1.2%) remain mostly higher as the market enters the final hour of the session.

Reuters reported that Oman presented Iran with a plan for voluntary fees in the Strait of Hormuz that has the support of Gulf states. A separate Reuters report said that China had direct discussions with the Houthis to allow ships to transit through the Red Sea.

Crude oil futures settled today's session $3.33 lower (-4.0%) at $79.32 per barrel.

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