[New York Stock Market] Nasdaq edges higher in late-session pullback; Nvidia gains 1.2%

[Financial News]

The U.S. stock market ended mixed on the 10th (local time).
A sharp drop in international oil prices helped lift stocks through the middle of the session, but profit-taking emerged later in the day and pushed the market lower.
Big tech shares, however, mostly held firm. Nvidia Corporation rose 1.2%, while Alphabet Inc., Apple Inc., and Tesla, Inc. each gained around 0.2%.

The three major U.S. stock indexes ended the day mixed, with relatively small moves in either direction.
The Dow Jones Industrial Average (DJIA) slipped 34.29 points, or 0.07%, to close at 47,706.51, while the Standard & Poor's 500 (S&P 500) fell 14.51 points, or 0.21%, to 6,781.48.
The Nasdaq Stock Market (NASDAQ) inched up 1.16 points, or 0.01%, to finish slightly higher at 22,697.10.
The Cboe Volatility Index (VIX), often called Wall Street's "fear gauge," dropped 0.57 points, or 2.24%, to 24.93.
Of the 11 sectors in the S&P 500, only the two major technology-related groups—information technology and communication services—posted gains.

The market’s late-session downturn appeared to be driven by profit-taking and rising uncertainty.
The administration of Donald Trump added to the confusion during the day.
Christopher Allen Wright, U.S. energy secretary, said that the U.S. Navy had successfully escorted an oil tanker through the Strait of Hormuz. Shortly afterward, however, White House Press Secretary Karoline Leavitt denied this at a briefing, stating that, at present, the U.S. Navy is not escorting any oil tankers or other vessels.
The episode underscored that control over the Strait of Hormuz—a key route that handles 20% of global oil and natural gas consumption—remains unstable.
In addition, comments from President Donald Trump and Leavitt suggesting that the war would end once the United States declared it over, regardless of whether the Islamic Republic of Iran agreed, unsettled investors. Reports that the United States had resumed operating a number station for espionage against Iran further fueled fears that Iran could respond with continued asymmetric retaliation.

Although some of their late-session gains narrowed, major big tech names generally maintained an upward trend.
Nvidia Corporation added $2.12, or 1.16%, to close at $184.77, while Alphabet Inc. ended at $307.04, up $0.68, or 0.22%.
Apple Inc. rose $0.95, or 0.37%, to $260.83, and Tesla, Inc. gained $0.56, or 0.14%, to finish at $399.24.
By contrast, Palantir Technologies, which had benefited from the war in Iran by providing its Palantir Artificial Intelligence Platform (AIP) to the United States Department of Defense (DoD), turned lower as signs grew that the conflict is entering its final phase. Palantir tumbled $5.29, or 3.38%, to $151.14.

[email protected] Song Kyung-jae Reporter