US markets declined Tuesday following the cancellation of a diplomatic trip to Pakistan, pausing critical talks with Iran. Despite a ceasefire extension by President Trump, investor uncertainty drove the S&P 500 and Nasdaq lower.
- S&P 500 fell 0.6% in a second straight session of losses
- Nasdaq 100 declined 0.4% amid geopolitical uncertainty
- Diplomatic talks with Iran paused after VP Vance cancelled Pakistan trip
- President Trump extended a ceasefire previously set to expire Wednesday
- VIX hovered near 20, indicating heightened market anxiety
- Semiconductor index rose 0.5%, extending its record gain streak
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