US stocks: US stocks fall as oil prices, yields tick up; traders assess Mideast talks, Trump-Xi meet

US stocks retreated due to climbing crude oil prices and rising bond yields impacting investor sentiment. Major semiconductor stocks faced losses, while Meta Platforms saw significant gains with its AI assistant. The Dow Jones Industrial Average and S&P 500 both recorded declines alongside the Nasdaq Composite. Market participants are awaiting developments in US-Iran negotiations and a state visit by Chinese President Xi Jinping.