Wall Street experienced a mixed close as technology stocks faced selling pressure amid profit-taking concerns, despite a decline in oil prices following progress in US-Iran de-escalation talks. The Dow Jones Industrial Average rose 0.6%, while the Nasdaq Composite fell by 1%. Investors appeared to cash out of highly valued tech shares, contributing to the Nasdaq’s decline. The oil price drop, spurred by hopes for a resolution in Middle East tensions, initially provided some market support. However, this was offset by the tech sector’s weakness. Analysts suggest the market is reacting to valuations and geopolitical developments, creating a volatile trading environment. Further monitoring of both factors will be crucial for future market direction.