U.S. Stocks Mixed as Tech Wobbles Offset Hormuz Hopes

U.S. stocks finished mixed as optimism about the reopening of the Strait of Hormuz was offset by more volatility in artificial-intelligence wagers.

Negotiators Close In on Deal With Iran to Open Hormuz

A draft agreement would give Tehran oversight of ships entering the Persian Gulf but wouldn't let it levy tolls or service fees.

Private-Sector Hiring Missed Expectations in July, ADP Report Says