Wall Street Opens Lower as US-Iran Impasse Lifts Oil

U.S. stocks opened lower Monday as stalled talks between the U.S. and Iran lifted oil prices. The Dow and S&P 500 slipped following a record-setting rally.

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S&P 500 fell 13.6 points to 7,385.31 Monday morning as an impasse between the United States and Iran lifted oil prices. The decline follows a record-setting rally last week. Rising energy costs and geopolitical friction are tempering risk appetite across global equity markets.

Geopolitical Friction Drives Oil Higher

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