US Stocks Halt Rally at End of Best Week in 2026: Markets Wrap

Wall Street traders bracing for talks between the US and Iran halted a rally in stocks as oil whipsawed, with the negotiations set to dictate the path ahead for a fragile ceasefire.

While the S&P 500 saw its best week since November, the gauge lost steam after a seven-day advance. Earlier gains were driven by roughly in-line inflation data. US crude settled below $97, posting its biggest weekly slide since 2020. Treasury yields rose. The dollar barely budged.