Key facts
- Wall Street indexes traded mixed at the open on Friday.
- Investors are awaiting the Nasdaq debut of South Korean chip bellwether SK Hynix.
- Escalations in the Middle East conflict are fueling inflation fears.
- The Dow Jones Industrial Average rose, while the S&P 500 and Nasdaq Composite saw slight declines.
Wall Street indexes traded mixed at the open on Friday, with investors awaiting the highly anticipated Nasdaq debut of South Korean chip bellwether SK Hynix. Latest escalations in the Middle East conflict fanned fears of inflation.
The Dow Jones Industrial Average rose 135.5 points, or 0.26%, at the open to 52622.92. The S&P 500 rose 4.0 points, or 0.05%, at the open to 7547.64, while the Nasdaq Composite dropped 31.4 points, or 0.12%, to 26175.535 at the opening bell.