[New York Stock Market - First Report]Hopes for Hormuz Transit Protocol - Mixed Close

U.S. stocks closed mixed as Iran's draft protocol for safe passage through the Strait of Hormuz eased geopolitical tensions, with the Dow falling 0.13% while the S&P 500 and Nasdaq posted modest gains of 0.11% and 0.18% respectively, recovering from earlier sharp losses triggered by President Trump's hardline stance on Iran.