Shares of industrial and transportation companies ticked down as traders awaited the latest development in the Middle East.
President Trump reportedly met with senior advisers to hammer out a response to the latest peace proposal from Iran.
Anticipation that a deal would lead to the near-term reopening of the Strait of Hormuz caused a rout in oil futures this week, easing worries about manufacturers' cost outlook.
A rocket being tested by Jeff Bezos' space company Blue Origin exploded near Cape Canaveral, Fla., Thursday night, sending an enormous ball of fire into the sky.
Canada reported a contraction in economic activity in the first quarter.
