Wall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indices like the S&P 500. Brent crude futures held near one-week highs amid rising oil prices and uncertainty. Investors await crucial inflation data which will shape Federal Reserve policy expectations. Jabil climbed after an upgrade, while On and Venture Global shares fell.

US stocks stayed flat as Iran tensions pushed oil above $80, while Intel fell and investors weighed Fed rate bets, inflation data and key stock moves. | Business News

The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel shares fell after…