S&P 500, Nasdaq, and Dow each dropped about 0.6% after reports that Vice President Vance cancelled Pakistan trip for Iran peace talks.
Fed chair nominee Kevin Warsh’s hawkish Senate hearing pushed 10‑year yields up 6 bps to 4.311% and dimmed rate‑cut hopes this year.
UnitedHealth surged 7% on strong earnings, Apple fell 2.5% after announcing its CEO transition, and 3M dropped 1.9% despite beating profit estimates.
U.S. March retail sales rose 1.7% month‑on‑month, with gasoline sales up 15.5% as oil prices climbed amid the Iran conflict.