By Benny Island
New York (Reuters) -Wall Street security indicators closed on Friday, while oil prices fell after US President Donald Trump stopped immediately military action in the Iranian conflict.
All eyes remained trained in the Middle East one week after the first Israeli attack attracted Iranian revenge. The United States imposed sanctions related to Iran a day after Trump said it might take two weeks to take more measures.
According to the initial data, the S&P 500 0.21 % lost, while the Nasdaq compound is 0.49 %. However, the Dow Jones industrial average increased 38.47 points, or 0.09 %, to 42,210.13.
The stocks were widely positive in the open, and decreased inside and outside the negative lands during the session.
Brent crude contracts decreased by 2.3 % to settle at $ 77.01 a barrel, but they gained 3.6 % per week. The crude ended in the front month – which did not stabilize on Thursday due to an American holiday and ended on Friday – by 0.28 % at $ 74.93, with a weekly profit of 2.7 %. (or)
“Investors feel a little tension from buying shares in front of this situation directly, more specifically, in front of this weekend,” said Rick Micheller, a partner at Cherry Lane Investments in New Vernon, New Jersey.
New sanctions target the entities, individuals and ships that provide Iran with defense machines, and considered a sign of a diplomatic approach from the Trump administration.
“However, while Israel and Iran continue to move away from each other, there can always be an unintended work that escalates the conflict and holds the oil infrastructure,” said PVM analyst John Evans.
European foreign ministers urged Iran to communicate with the United States about its nuclear program after high -level talks in Geneva on a possible new nuclear deal that ended with a small progress sign.
Porsice ended the main in Europe (. Eu) their session is the highest touch, after similar gains throughout Asia. The MSCI scale of stocks all over the world decreased by 0.01 % a day.
The gains on Hang Kong in Hang Singh and South Korea, newly -elected President Lee Jay Meong, have strengthened Asian stocks during that session.
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Federal policy makers made the first public comments since President Jerome Powell said on Wednesday that borrowing costs are likely to decrease this year, but he expects inflation “meaning” while Trump’s tariff raises consumer prices.
The close division between the governors was about how to manage the risks in a position and considering that the governor Christopher Walier said that the central bank should consider cutting once the next meeting, while Tom Parkin from Richmond said there is no urgency.
https://media.zenfs.com/en/reuters-finance.com/787ebb4790295dc9c5a9e9342cfa3e84
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