(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)
US equity indexes traded mixed, as speculation about Anthropic's Q2 sales helped lift technology and President Donald Trump warned Oman of attacks on the day a deadline to reach a permanent peace deal with Iran expired.
The Nasdaq Composite rose less than 0.1% to 26,747.1 after midday Monday. The S&P 500 slipped 0.1% to 7,774.9 and the Dow Jones Industrial Average declined 0.3% to 53,579.2.
Amazon-backed (AMZN) Anthropic informed potential investors that Q2 revenue increased at least 14-fold from a year earlier to over $11.5 billion, Bloomberg News reported Monday, citing documents.
Among companies with market capitalizations exceeding $200 billion each, seven of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. Of those seven firms, five were related to the semiconductor industry. Sandisk (SNDK) led the pack, with a 9% gain.
Monday marks 60 days since the US and Iran signed a memorandum of understanding that called for a wider peace deal to be negotiated within that timeframe, CBS NEWS reported. On the same day, Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.
The front-month US West Texas Intermediate crude oil contract rose 0.5% to $82.78 per barrel, while global benchmark North Sea Brent edged up 0.6% to $89.04 per barrel.
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