Stocks Ended Flat as U.S. Left Iran Deal

U.S. stocks ended little changed on Tuesday after President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected. The Dow Jones Industrial Average rose 2.89 points, or 0.01%, to 24,360.21. The S&P 500 lost 0.71 point, or 0.03%, to 2,671.92. The Nasdaq Composite added 1.69 points, or 0.02%, to 7,266.90.

Oil prices cut some of their losses by the closing bell on Tuesday. June West Texas Intermediate crude oil fell by $1.67, or nearly 2.4%, to settle at $69.06 a barrel. July Brent crude fell $1.32, or 1.7%, to $74.85 a barrel.

President Donald Trump announced Tuesday the U.S. is pulling out of the landmark international nuclear accord with Iran, declaring he was making the world safer but dealing a profound blow to allies and deepening his isolation on the world stage.

Walt Disney Co (DIS) reported a 9.1 percent rise in quarterly revenue on Tuesday. Net income attributable to Disney rose to $2.94 billion, or $1.95 per share in the second quarter, from $2.39 billion, or $1.50 per share.