1604 ET - U.S. stocks close basically flat as geopolitical tensions cool. Trade partners race to secure deals with the U.S. before looming tariff hikes. BP shares rise 1.6% following a report from WSJ that rival Shell is holding talks to acquire the company. General Mills falls 5.1% to its lowest close since 2020, as it expects organic sales to remain stagnant. Nvidia rallies 4.3% and is the largest company by market cap for the first time in two weeks, surpassing Microsoft. The DJIA falls 106 points, 0.3%, to 42982 and the S&P 500 is flat at 6092, while Nasdaq gains 0.3% to 19974. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

June 25, 2025 16:04 ET (20:04 GMT)

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