Stock Market Update

[BRIEFING.COM] The major averages remain firmly lower late in the session, with the S&P 500 (-0.6%) unlikely to extend its winning streak to ten consecutive sessions.

Crude oil futures settled today's session $2.25 higher (+2.4%) at $96.08 per barrel as the state of U.S.-Iran negotiations remains muddy.

CNN reported that Iran wants its assets unfrozen as soon as the memorandum of understanding is signed, but the Trump administration is concerned that releasing those funds could weaken U.S. leverage.