Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential deal to bring stability to the Middle East. The Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran‘s conditions ‌to end the war, ⁠the ⁠newly appointed secretary of Iran’s Supreme National Security Council said.

Brent crude futures held near one-week highs in choppy trading, while the ​S&P 500 energy sector index climbed.

“As has been the case for months, it’s just really hard to come to ​an agreement that works for everyone. Oil is a little higher, pricing in more uncertainty around that,” said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky.

“The market has obviously gyrated around this ​conflict at times, but it hasn’t been the big headwind that ⁠a lot ‌of people imagined it might be.”

Amazon and Alphabet each fell and weighed on the S&P 500 and Nasdaq, while SpaceX also dipped. Alternative asset managers rose, with Apollo ⁠Global and Blackstone both rallying. They were among financial institutions that recently partnered with Nvidia to establish compute-financing platforms aimed at mobilizing more than $500 billion.

According to ​preliminary data, the S&P 500 lost 25.32 points, or 0.33%, to end at 7,727.79 points, while the Nasdaq Composite lost 160.36 points, or 0.60%, to 26,445.00. The Dow Jones Industrial Average fell 188.41 points, or 0.35%, to 53,787.57.
Strong quarterly earnings helped lift the S&P 500 to all-time highs last week, while the Nasdaq was down about 2% from its record high close on June 2.Signs that ‌heavy investments by Microsoft and Amazon in AI data centers are paying off have also lifted sentiment.

Consumer and producer price inflation readings, due over the next two ​days, will be ​crucial in shaping market ⁠expectations on the Federal Reserve’s policy path, given Chair Kevin Warsh’s goal of reducing guidance on monetary policy.

Traders are split over the likelihood of an interest rate hike at the central bank’s September meeting, ​according to the CME FedWatch tool.

Rising energy costs, stemming from the Iran conflict, have spurred inflation concerns and complicated the paths of central banks globally.

Jabil climbed after UBS upgraded the electronics firm’s stock to “buy” from “neutral.” U.S.-listed shares of On tumbled after the sportswear brand missed sales estimates. LNG company Venture Global fell after its second-quarter revenue slightly missed estimates.

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Operator

Good morning, and welcome to JBS Second Quarter of 2026 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Any statements eventually made during this conference call in connection with the company business outlook, projections, operating and financial targets and potential growth should be understood as merely forecast based on the company’s management expectations in relation to the future of JBS. Such expectations are highly dependent on the industry and market conditions and therefore, are subject to change.

Are present with us today, Gilberto Tomazoni, Global CEO of JBS; Guilherme Cavalcanti, Global CFO of JBS; Wesley Batista Filho, CEO of JBS USA; and Christiane Assis, Investor Relations Director.

Now I’ll turn the conference over to Gilberto Tomazoni. Mr. Tomazoni, you may begin your presentation.

CME Group said on Tuesday it will introduce round-the-clock trading in its 100-Ounce Silver futures contract from September, following strong demand for its retail-focused precious metals products and the record debut of its gold contract, Reuters reported.
Since 24×7 trading in 1-ounce Gold futures began on July 24, more than 53,000 contracts worth about $219 million have traded during expanded weekend sessions, CME said.

The exchange operator said its 1-ounce Gold contract represents the largest liquidity pool for weekend gold futures trading. Both the 1-ounce Gold and 100-ounce Silver contracts offer smaller notional exposure designed to appeal to retail traders.

CME’s metals business posted a record average daily volume of 1.3 million contracts in the first half of the year, up 55% from a year earlier, largely driven by precious metals trading. Its silver futures also recorded an average daily notional value of $50 billion during the period.

The 100-ounce Silver futures contract, launched in February 2026, recorded an average daily volume of 17,800 contracts in the first half of the year. The contract is financially settled against the daily settlement price of the benchmark COMEX 5,000-ounce Silver futures contract and is listed on and subject to COMEX rules.

The September launch of round-the-clock silver futures trading remains subject to regulatory review.