US Stock Market Today | Dow Jones | Nasdaq Live: S&P 500, Nasdaq muted as investors await Mideast peace deal progress

The S&P 500 ​and the Nasdaq were muted on Wednesday in choppy trading, as investors remained cautious while awaiting progress in Middle East talks.

White House denied reports from Iran’s state TV that said Tehran would restore Strait of Hormuz shipping within a month in exchange for a U.S. military pullback and lifting ‌of a naval blockade.

Still, ⁠indexes traded ⁠near record highs. The Dow Jones nudged higher, lifted by a rotation into healthcare and consumer stocks. However, a pullback in chip stocks weighed on the tech-heavy ​Nasdaq.

At 11:35 a.m. ET, the Dow Jones Industrial Average rose 212.62 ⁠points, or ‌0.42%, to 50,674.30, the S&P 500 lost 3.67 points, or 0.05%, to 7,515.45 and the Nasdaq ​Composite lost 39.32 points, ​or 0.15%, to 26,616.86.