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The Economic Times
The Economic Times
Business

US stocks: US markets trade muted as investors weigh Middle East tensions, data

US stock indexes were little changed amid volatility on Friday, a day after the S&P 500 closed at a record high, as investors mointored retail sales data and developments in the Middle East, Reuters reported.

Meta and Alphabet lifted the communication services sector by 0.5%, while mixed trading in chip stocks kept the S&P 500 and Nasdaq volatile. Applied Materials fell 4% despite an upbeat revenue forecast. Energy gained 1.6%, while miners and industrial stocks rose about 0.5% each.

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