
The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.11%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.14%. June E-mini S&P futures (ESM26) fell -0.12%, and June E-mini Nasdaq futures (NQM26) rose +0.12%.
Stock indexes gave up an early advance on Friday and settled mixed, with the Nasdaq 100 posting a 6-week high. Easing inflation concerns were bullish for stocks on Friday after US consumer prices rose less than expected last month. Also, hopes that this weekend’s negotiations between the US and Iran will lead to a diplomatic solution to the war were supportive for stocks.