United States stock market took a break after a two-day increase. Investors kept an eye on the Israel-Iran situation and Jerome Powell’s statements. Tech stocks helped Nasdaq. S&P 500 remained close to its record high. Dow experienced a decline. Nvidia reached a record high value. Housing data showed a decrease in new home sales. Tesla shares went down.
US Stock Market: Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait