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Update: US Equity Indexes Trade Mixed in Final Leg; Nasdaq Makes New Record Intraday

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

US equity indexes were mixed in the final leg of trading on Tuesday, with financials among the steepest decliners and materials leading the gainers.

The Nasdaq Composite rose 0.6% to 27,274.5, after hitting an intraday record earlier in the session, and the S&P 500 climbed 0.2% to 7,776.9. The Dow Jones Industrial Average fell 0.2% to 51,959.7. Financials and communication services led decliners.

US President Donald Trump told the UN General Assembly that a deal with Iran is possible after the midterm elections, but his other choice is to "annihilate the Islamic Republic," CNN reported.

The front-month US West Texas Intermediate crude oil contract dropped 1.2% to $94.59 per barrel, and the global benchmark North Sea Brent declined 2% to $98.36 per barrel.

US Treasury yields were mixed in the final leg of trading, with the 10-year yield unchanged at 4.96% and the two-year rate less than one basis point lower to 4.75%.

What else is happening in Japan?

Japan

US Equity Markets Higher as Tech, Communication Stocks Rise Amid Drop in Government Bond Yields, Crude Oil Prices

US equity indexes were higher Monday as communication services and technology stocks rose after long-term government bond yields declined and crude oil prices fell.* Among stocks with market capitalization exceeding $200 billion, Arm (ARM), Intel (INTC), and Advanced Micro Devices (AMD) were among the top 10 companies, according to data compiled by Finviz.* Iran and the US exchanged new threats on Sunday, although President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected to be in New York this week for the United Nations General Assembly, Reuters reported.* October West Texas Intermediate crude oil fell $4.69 to settle at $95.61 per barrel, while November Brent crude, the global benchmark, was last seen down $3.66 at $100.21.* Meta Platforms (META) has initiated a new legal challenge in London against the UK's media regulator, Ofcom, over additional scrutiny under the Online Safety Act, multiple news outlets reported Sunday. Shares of the company were up roughly 11%, one of the top gainers on the S&P 500 and the Nasdaq.* BofA Securities adjusted the share price target for United Parcel Service (UPS) to $108 from $115 while maintaining a neutral rating. The company's stock fell about 4.5%, among the worst performers on the S&P 500.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC$META$UPS
Japan

Update: US Equity Indexes Jump as Communication Services, Technology Giants Surge Amid Sliding Crude Oil Prices

(Updates with index/price moves and geopolitical news from the first paragraph.)US equity indexes rose as heavyweight communication services and technology names advanced amid sliding crude oil and government bond yields.The Nasdaq Composite jumped 2.4% to 27,164.2, the S&P 500 climbed 1.6% to 7,775.3, and the Dow Jones Industrial Average advanced 0.8% to 52,098.1 ahead of Monday's close.Communication services and consumer discretionary were among the top gainers, while energy led a trio of decliners.Among stocks with market capitalization exceeding $200 billion, Arm (ARM), Intel (INTC), and Advanced Micro Devices (AMD) were among the top 10 companies, according to data compiled by Finviz. Advanced Micro Devices traded above $1 trillion intraday.The front-month US West Texas Intermediate crude oil contract slumped 4.8% to $95.46 per barrel, while the global benchmark North Sea Brent dropped 3.6% to $100.10 per barrel.Most US Treasury yields declined, with the 10-year yield down 4.1 basis points to 4.96%, retreating from its highest level since 2007.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC
Japan

Update: Chipmakers Push US Equity Indexes Higher as Treasury Yields, Crude Oil Decline

(Updates with index/price moves and geopolitical news from the first paragraph.)US equity indexes rose as mega-cap technology names perked up amid sliding government yields and crude oil after midday Monday.The Nasdaq Composite jumped 2% to 27,054.7, the S&P 500 climbed 1.4% to 7,754.6, and the Dow Jones Industrial Average advanced 0.6% to 52,014.8.The communication services sector was among the top gainers, while energy led a trio of decliners.Among stocks with market capitalization exceeding $200 billion, Arm (ARM), Intel (INTC), and Advanced Micro Devices (AMD) led the top 10, according to data compiled by Finviz. Advanced Micro Devices traded above $1 trillion intraday.Most US Treasury yields declined, with the 10-year yield down 4.3 basis points to 4.95%, retreating from its highest level since 2007.The front-month US West Texas Intermediate crude oil contract slumped 5.4% to $94.89 per barrel, while the global benchmark North Sea Brent dropped 4.5% to $99.18 per barrel.

Dow JonesNasdaq CompositeS&P 500$AMD$ARM$INTC