U.S. stocks close mixed as inflation and Middle East concerns offset AI optimism

  • U.S. stocks closed mixed as inflation and Middle East war concerns offset AI optimism.
  • Nasdaq gained 104.25 points, while the Dow fell 95.40 points.
  • S&P 500 rose 12.74 points to close at 7,650.50.

U.S. stocks closed mixed as concerns over inflation and the Middle East war tempered investor optimism about the artificial-intelligence boom. The Dow Jones Industrial Average fell 95.40 points, or 0.18%, to 51,682.64. The S&P 500 rose 12.74 points, or 0.17%, to 7,650.50, while the tech-heavy Nasdaq Composite gained 104.25 points, or 0.39%, to 26,522.55. The updated closing data revises earlier reports that put the S&P 500 at 7,637.76 and the Nasdaq at 26,418.30. For the week, the Dow lost 733 points, while the Nasdaq gained 2.6% and the S&P 500 rose 0.7%.

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