Market Report - US Close

US close: Investors take profits, stocks erase gains as peace deal hopes fade

By Benjamin Chiou

Date: Friday 08 May 2026

(Sharecast News) - US stocks erased earlier gains to finish lower on Thursday as optimism surrounding the potential Washington-Tehran peace deal began to fade, while economic data came in mixed.
The Dow finished 0.6% lower, while the S&P 500 and Nasdaq - which both set record highs the previous session -...

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