Wall Street traders exhibited caution, leading to wavering stock prices amidst conflicting indications regarding a potential resolution to the war in Iran and the resumption of energy supplies via the vital Strait of Hormuz. Despite equities generally remaining at record highs, the S&P 500 closed with minimal change. US oil prices settled below $89.
In after-hours trading, Salesforce Inc. provided a conservative outlook, while Snowflake Inc. raised its sales forecast. Snowflake also announced a significant $6 billion multiyear agreement to utilize Amazon.com Inc.'s cloud services and chips. This mixed corporate news contributed to the broader market's uncertainty.
