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SP 500 Falls as Oil Prices Tumble

The S&P 500 declined on Monday as oil prices tumbled on optimism about potential US-Iran peace talks. Investors also awaited upcoming US midterm elections and watched major tech earnings.

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FILE PHOTO: A screen displays stock market information after the opening bell at the New York Stock Exchange (NYSE) in New York City, US, October 26, 2026. REUTERS/Jeenah Moon/File Photo

The S&P 500 fell 0.51% to 7,541.40 points on Monday as oil prices tumbled on optimism over a potential peace agreement between the United States and Iran.