Major indices are moving lower across the board, and near session lows, as investors continue to assess the Iran Conflict and progress of peace negotiations.

Five sectors are moving higher, with Energy (XLE) once again in the lead as energy commodity prices get a boost from mixed signals during peace negotiations. The other sectors, marginally in the green, are the more defensive sectors. Meanwhile, Communication Services (XLC) is lagging and lowered by Meta Platforms (META) and Alphabet (GOOG/L) following a court ruling finding them liable for negligent platform design that harmed minors and failed to adequately warn users of those risks, like addiction; however, they plan to appeal.

Trump posted about the Iran negotiations earlier this morning, and it helps to demonstrate the mixed public vs. private signals that the Iranian government is making.

The Ten Year Treasury Yield (TNX) is rebounding from yesterday’s dip, up 6.4 basis points to 4.39%.