Episode Details

US stocks closed mixed on Friday, with the Dow and S&P five hundred down while tech propelled the Nasdaq. Investors paused ahead of the weekend, monitoring Middle East peace talks amid the Iran conflict. Inflation data matched expectations, with consumer prices surging due to energy shocks. A two-week truce faces threats from ceasefire violations and Irans blockade of the Strait of Hormuz. Traders remained cautious, avoiding large bets with markets closed for Iran-US negotiations. Core inflation cooled below forecasts, but the oil hit will delay the two percent target. Consumer sentiment plummeted to a record low. Chip stocks like Taiwan Semiconductor surged after strong earnings, while financials lagged ahead of bank reports. Markets brace for Mondays developments.

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