Wall Street opened in mixed territory this Friday, with slight falls in its main indicator, the Dow Jones Industrial Average, which fell 0.21%, while investors analyze the geopolitical situation in the Middle East and the latest data on year-on-year inflation in the US, which rose 3.3%.
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Ten minutes after the opening of the New York trading floor, the Dow Jones It fell 100 points to 48,085 points; the selective S&P 500 It added 0.10%, up to 6,831 integers; and the technological Nasdaq rose 0.40%, to 22,914 units.
This week the S&P 500 has rallied nearly 4%, heading for its best week since May.
Investors were paying attention today to the US Consumer Price Index (CPI) for March, which revealed a price increase of 0.9% compared to the previous month and 3.3% compared to the previous yearwhich represents the largest annual increase since May 2024.
But above all, investors have their eyes on the war in the Middle East given the uncertainty over the continuity of the ceasefire agreed between the United States and Iran and the reopening of the Strait of Hormuz.
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US President Donald Trump on Thursday warned Iran that it must “stop immediately” if it was charging tankers to transit the strait.
The United States reached a two-week ceasefire agreement with Iran, in exchange for Tehran allowing ships to transit the strait.
However, the chief executive of the United Arab Emirates’ state oil company said Thursday that the sea lane remains largely closed to navigation.
In other markets, gold, a safe haven asset, fell 0.51% to $4,794 per ounce; while silver fell 0.19% to $76.29.
