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U.S. stock futures swung between gains and losses Tuesday, with the Dow Jones up 0.19%; the report says the S&P 500 and Nasdaq 100 fell. It also cites an Iranian official’s threat to target undersea communication cables in the Strait of Hormuz.
The Nasdaq Composite closed at its 23rd record high of the year, boosted by tech giants like Nvidia and Microsoft. The S&P 500 and Dow also finished higher, despite a rise in U.S. 10-year Treasury yields to their highest level since 2002.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but