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Update: US Equity Indexes Mixed in Midday Trading as Technology Leads Decliners

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(Updates with index/price moves and political news from the first paragraph.)

US equity indexes traded mixed as the Dow Jones Industrial Average hit a new peak intraday amid sliding crude oil prices, while technology sank to the bottom of sector charts.

The tech-heavy Nasdaq Composite fell 0.3% to 26,617.2, with the S&P 500 down 0.1% to 7,545.3, while the Dow Jones Industrial Average rose 0.7% to 52,024.5 in midday trading Tuesday.

All sectors except technology, energy, and healthcare rose, with financials and utilities leading the gainers.

Dow hit a fresh intraday record, taking out the all-time high scaled on Monday, as crude oil extended declines to the lowest level in more than three months following Sunday's announcement of an interim deal between the US and Iran to end the war in the Middle East.

Front-month global benchmark North Sea Brent slumped 3.3% to $79.85 per barrel, and US West Texas Intermediate dived 3.8% to $76.96 per barrel after midday.

President Donald Trump vowed to publicly release the text of the memorandum of understanding Iran has signed with the US "in a couple of days," CNN reported Tuesday.

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