US stock markets closed with mixed results on Wednesday, as investors weighed the implications of President Donald Trump’s announcement that the provisional agreement aimed at ending the war with Iran had collapsed.

The Dow Jones Industrial Average fell 1.12% and the S&P 500 dropped 0.30%, while the Nasdaq Composite bucked the broader weakness to advance 0.19%.

The divergence in index performance underscores a shifting risk appetite among traders.

While value-heavy benchmarks like the Dow suffered from the renewed geopolitical uncertainty, technology stocks found support, likely driven by separate corporate developments, including positive news from Broadcom.

This split suggests that while macro risks are present, sector-specific fundamentals continue to drive pockets of strength.

The collapse of the Iran deal adds a new layer of volatility to an already cautious market environment.