US-Iran Negotiation Stalemate, US Stocks Mostly Close Lower
Major Wall Street indices mostly closed lower, driven by a lack of progress in US-Iran negotiations and anticipation of the upcoming US-China summit. While the Dow edged up, the S&P 500, Nasdaq, and Philadelphia Semiconductor Index all declined.
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- 📰 Published: May 13, 2026 at 07:22
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Central News Agency
(Central News Agency, New York, 12th comprehensive foreign report) Major Wall Street stock indices mostly closed lower today, mainly due to market focus on the lack of progress in negotiations between the United States and Iran, while awaiting the upcoming US-China summit.
The Dow Jones Industrial Average edged up 56.09 points or 0.11%, closing at 49760.56 points.
The S&P 500 index fell 11.88 points or 0.16%, closing at 7400.96 points.
The Nasdaq index fell 185.93 points or 0.71%, closing at 26088.20 points.
The Philadelphia Semiconductor Index dropped 363.78 points or 3.01%, closing at 11717.26 points. (Translator: Lu Ying-tzu) 1150513
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(Central News Agency, New York, 12th comprehensive foreign report) Major Wall Street stock indices mostly closed lower today, mainly due to market focus on the lack of progress in negotiations between the United States and Iran, while awaiting the upcoming US-China summit.
The Dow Jones Industrial Average edged up 56.09 points or 0.11%, closing at 49760.56 points.
The S&P 500 index fell 11.88 points or 0.16%, closing at 7400.96 points.
The Nasdaq index fell 185.93 points or 0.71%, closing at 26088.20 points.
The Philadelphia Semiconductor Index dropped 363.78 points or 3.01%, closing at 11717.26 points. (Translator: Lu Ying-tzu) 1150513
Choose to stand with facts, every sponsorship you provide is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to get the latest news in real-time.
Text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or used without authorization.