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US Equity Markets End Lower Amid Rise in Government Bond Yields Following Deadlock in US-Iran Talks

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US equity indexes ended lower Tuesday after crude oil prices rose and the 30-year government bond yield hit a 19-year high following President Donald Trump's declaration that the US is not negotiating any deal with Iran.

* "There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran," Trump posted on his social media platform and claimed that the Strait of Hormuz is "New U.S. Territory."

* The Strait of Hormuz will remain closed until the US meets the conditions of an interim deal signed with Iran in June, Reuters reported Tuesday, citing Iran's negotiator Mohammad Baqer Qalibaf in state media.

* US housing starts dropped 12% sequentially to a seasonally adjusted rate of 1.24 million units last month, the Census Bureau and the Department of Housing and Urban Development said. The analyst consensus stood at 1.35 million in a Bloomberg-compiled survey.

* Pending home sales fell 2.3% in July, compared with a 4.8% drop in June, according to the National Association of Realtors. Analysts expected no change in a Bloomberg-compiled survey.

* September West Texas Intermediate crude oil rose $0.49 to settle at $84.99 per barrel, while October Brent crude, the global benchmark, was last seen up $0.10 at $90.97.

* Targa Resources (TRGP) shares were up about 7.4%, the top performer on the S&P 500, a day after the company secured 20-year, fee-based agreements with ExxonMobil (XOM).

* Nvidia (NVDA) talent is being recruited by Etched, with about 15% of the AI startup's 400 employees having previously worked at Nvidia, The Wall Street Journal reported. Nvidia shares were down 2.3%, the second-worst performer on the Dow.

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US Equity Markets End Lower Amid Rise in Crude Oil Prices Following Trump's Threat to Attack Oman

US equity indexes ended lower Monday after crude oil prices rose following President Donald Trump's threat to attack Oman as the deadline to reach a permanent peace deal with Iran expired.* Iran's Foreign Ministry spokesman said Tehran had reached an agreement with Oman regarding future shipping routes in the strait, according to a CBS report. Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.* The National Association of Home Builders' monthly housing market index rose to 35 in August from 34 in July and 32 a year earlier, compared with expectations for a decline to 33 in a Bloomberg-compiled poll.* September West Texas Intermediate crude oil rose $2.04 to settle at $84.46 per barrel, while October Brent crude, the global benchmark, was last seen up $2.16 at $90.68.* Situational Awareness increased its stakes in Micron Technology (MU) and Sandisk (SNDK) in Q2, according to regulatory filings published Friday. Sandisk shares were about 8.8% higher, the top gainer on the S&P 500 and Nasdaq, while Micron Technology stock was up more than 4.1%.* Berkshire Hathaway (BRK.A, BRK.B) exited its position in Constellation Brands (STZ), while increasing its stake in Alphabet (GOOG, GOOGL), according to a filing on Friday. Constellation Brands' stock fell about 6.1%, among the worst performers on the S&P 500.

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Update: US Equity Indexes Decline, Crude Oil Jumps After Trump Threatens to Bomb Oman

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes fell as crude oil prices jumped after President Donald Trump threatened to attack Oman while a deadline to reach a permanent peace deal with Iran expired.The Nasdaq Composite fell 0.2% to 26,666.1, the S&P 500 declined 0.4% to 7,752.2, and the Dow Jones Industrial Average slid 0.5% to 53,488.6. All sectors except energy retreated, led by declines in communication services, consumer staples and consumer discretionary.Monday marks 60 days since the US and Iran signed a memorandum of understanding that called for a wider peace deal to be negotiated within that timeframe, CBS NEWS reported. On the same day, Trump threatened to bomb Oman if the country "gets in the way" of US efforts to reopen the Strait of Hormuz and end the war with Iran, CBS cited Fox News.Earlier, Iran's Foreign Ministry spokesman said Tehran had reached an agreement with Oman regarding future shipping routes in the strait, according to the CBS report. That being said, Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to secure a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.Brigadier General Yadollah Javani, head of the political bureau of the Islamic Revolutionary Guard Corps, told state television on Sunday night that his forces were ready to take whatever action is needed to defend the country, according to a report from Al Jazeera, a Middle Eastern broadcaster.The front-month US West Texas Intermediate crude oil contract jumped 2.3% to $84.31 per barrel, and global benchmark North Sea Brent advanced 2.4% to $90.66 per barrel.Meanwhile, Amazon-backed (AMZN) Anthropic informed potential investors that Q2 revenue increased at least 14-fold from a year earlier to over $11.5 billion, Bloomberg News reported Monday, citing documents.Among companies with market capitalizations exceeding $200 billion each, eight of the top 10 by intraday returns were in the technology sector, according to data compiled by Finviz. Of those eight firms, six were related to the semiconductor industry. Sandisk (SNDK) led the pack, with a 7.4% gain.

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Update: US Equity Indexes Mixed as Tech Gains Lift Nasdaq, Trump Threatens to Bomb Oman as Iran Peace Deal Deadline Expires

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Dow JonesNasdaq CompositeS&P 500$AMZN$SNDK