Wall Street Closes Mixed as Middle East Diplomacy Eases Oil Fears, Caps Strongest Week in Four Months - Tekedia

U.S. stocks closed mixed in a holiday-shortened session.

The Dow slipped 0.13% to 46,504.67; the S&P 500 rose 0.11% to 6,582.69; the Nasdaq gained 0.18% to 21,879.18.

Front-month U.S. crude climbed about 11% to around $111 a barrel; Brent settled near $108 a barrel.

Iran said it is working with Oman on a protocol to manage traffic through the Strait of Hormuz; Britain said dozens of countries are in talks to end the crisis.

October crude futures traded near $82 a barrel; for the week the S&P 500 rose 3.36% and the Nasdaq advanced 4.44%, ending a six-week run without a weekly gain.