US Stocks Hang Near Their Record as Wall Street Takes a Breath Following Two Big Days

2 days ago U.S. stocks are hanging near their all-time high as financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil. The S&P 500 fell 0.1% and is sitting just 0.9% below its all-time high. The Dow Jones Industrial Average lost 159 points, and the Nasdaq composite rose 0.2%. Oil prices stabilized after plunging by roughly $10 per barrel in the last two days. Stock indexes fell modestly in Europe after rising in Asia. Treasury yields held relatively steady in the bond market.