U.S. Stock Market Fluctuates Amid Uncertain U.S.-Iran Ceasefire Prospects

The U.S. stock market experienced fluctuations as uncertainty surrounding the potential ceasefire between the United States and Iran heightened concerns. According to Ming Pao, U.S. Treasury yields fell to a one-week low, with yield spreads showing mixed developments. The Golden Dragon Index continued its decline for the third consecutive day, reaching an 11-month low. Meanwhile, U.S. stocks hit a six-month low, with the Dow Jones Industrial Average initially dropping before recovering.