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Fortune
Fortune
Ben Weiss

Markets flatline amid Trump’s delay on Iran and potential Fed cuts in July

President Donald Trump holds up his hand during a press conference in June. (Credit: Chip Somodevilla—Getty Images)
  • The S&P 500 dipped 0.2% on Friday as investors waited on President Donald Trump’s next move on Iran and a possible rate cut from the Federal Reserve in July.

Markets closed off a lackluster week as the major stock indices either slightly dipped or remained flat on Friday. The S&P 500 posted a daily drop of 0.2% and a weekly decline of 1.3%. The Nasdaq dropped 0.5%, and the Dow Jones was essentially flat with a daily gain of 0.1%.

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