Stocks mixed amid AI rout as oil plummets on US-Iran optimism - Newsquawk US Market Wrap

Mediators of the ongoing conflict in the Middle East believe the US and Iran are reportedly close to a deal that would resurrect the failed MoU; Iran reportedly demonstrating 'flexibility' over Hormuz Strait operations; OPEC+ reportedly expects to hold 2026 output steady after September; US Consumer Confidence misses in July; KO earnings beat; GLW revenue & outlook disappoint; V to cut 7% of workforce; Average 7-year auction.

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