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Markets today: Stocks end mixed; oil falls on Iran news By The Associated Press Posted May 8, 2018 at 1:26 PM Stocks opened slightly lower Tuesday on Wall Street as the market gives back some of the gains it made the day before. ▲ Stocks opened slightly lower Tuesday on Wall Street as the market gives back some of the gains it made the day before. ▲ --> NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending little changed and oil prices fell after President Donald Trump said the U.S. was withdrawing from a landmark nuclear deal with Iran and would reimpose sanctions on the country. The price of oil ended 2.4 percent lower Tuesday, paring some of its earlier losses. Gains in banks and industrial companies were offset by losses in health care and consumer goods stocks. Comcast fell 5.6 percent after Reuters reported the company wants to make a new offer for the entertainment businesses that Twenty-First Century Fox agreed to sell to Disney. The S&P 500 fell a fraction to 2,671. The Dow Jones industrials edged up 2 points to 24,360. The Nasdaq rose 1 point to 7,266. Bond prices fell. The yield on the 10-year Treasury rose to 2.97 percent. ___ 11:45 a.m. Stocks are lower at midday and the price of crude oil is falling ahead of a White House announcement on the Iran nuclear deal. Oil fell 2.7 percent Tuesday after CNN reported the U.S. would pull out of the Iran deal and allow sanctions to go forward, but that they could take months to go into effect. Comcast fell 4.6 percent after Reuters reported that the company wants to make a new offer for the entertainment businesses Twenty-First Century Fox agreed to sell to Disney. The S&P 500 fell 5 points, or 0.2 percent, to 2,667. The Dow Jones industrials fell 51 points, or 0.2 percent, to 24,304. The Nasdaq fell 20 points, or 0.3 percent, to 7,245. The yield on the 10-year Treasury rose to 2.98 percent. ___ 9:35 a.m. Stocks are opening slightly lower on Wall Street as the market gives back some of the gains it made the day before. Comcast fell 2.2 percent early Tuesday after Reuters reported that the company wants to make a new, all-cash offer for the international and entertainment businesses that Twenty-First Century Fox agreed to sell to Disney. Citigroup rose 1.8 percent after the Wall Street Journal reported that ValueAct Capital Partners built a $1.2 billion stake in the ban. The S&P 500 index fell 7 points, or 0.3 percent, to 2,665. The Dow Jones industrial average fell 51 points, or 0.2 percent, to 24,304. The Nasdaq composite fell 20 points, or 0.3 percent, to 7,245. Bond prices fell. The yield on the 10-year Treasury note rose to 2.97 percent. Most Popular Legendary Phoenix wrestling coach Mondale dies May 4 at 1:28 PM Ashland teacher to appear on 'Jeopardy!' May 2 at 5:36 PM Jackson County targets chronic court skippers May 7 at 12:36 PM RV chase ends behind Mail Tribune with 1 arrest, child safe May 3 at 7:01 AM Community mourns loss of legendary Phoenix coach Mondale May 4 at 9:13 PM East Medford residents awaken to find KKK recruiting flier May 8 at 6:58 AM Guest Opinion: Conservation Fund must be renewed May 6 at 2:01 AM Medford woman accused of pot scissors attack May 4 at 4:57 PM Flamingos demand a charitable ransom May 4 at 4:39 PM Couple's rare Kaiser hatchback gets TV treatment May 7 at 2:01 AM Who can you trust? May 6 at 2:01 AM Since You Asked: Ownership of jets is top secret May 4 at 2:01 AM © Copyright 2006-2018 Rosebud Media LLC. All rights reserved. Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com ~ P.O. Box 1108, Medford, OR 97501