US Stocks Slip, Oil Up 5% Hormuz

US equity indices fell, with the S&P 500 down 0.3% to 7,207.96, Dow down 0.8% to 49,106.28, Nasdaq down 0.2% to 25,075.23.
Oil prices surged after missile and drone attacks on Hormuz and Fujairah, Brent July futures up 5.1% to $113.67 per barrel.
GameStop offered a $56 billion cash‑stock bid for eBay at $125 per share, a 20% premium, backed by a $20 billion TD Securities debt commitment.
UAE hit Iranian missiles and drones, sparking fire at Fujairah Oil Industry Zone; three Indian nationals injured; FOIZ spans 12.8 million m² storage.