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undefined | Good week on Wall Street, but sour ending by Sweden Herald

The mood on Wall Street was sour on Friday, with the Dow Jones Industrial Average slipping 0.6 % and the S&P 500 down 0.1 %, while the tech‑heavy Nasdaq managed a modest 0.4 % gain. Despite the single‑day drop, the broader week was upbeat: the S&P 500 posted its best weekly performance since November, climbing 3.6 %, the Dow rose 3 %, and the Nasdaq surged 4.7 %.

Inflation data showed the U.S. consumer price index rising to 3.3 % in March, a figure slightly below expectations and easing some price‑pressure concerns. Nevertheless, investors remained cautious amid renewed geopolitical tension – a fragile ceasefire between the United States and Iran, Iran’s continued closure of the Strait of Hormuz, and ongoing Israeli attacks in Lebanon have all added uncertainty to the market outlook.

Oil prices hovered around $95.6‑$96 per barrel, reflecting the mixed signals from the Middle‑East conflict and global demand trends. While the immediate market reaction was negative, the overall weekly gains suggest that investors are still finding confidence in the broader economic recovery despite the surrounding geopolitical headwinds.