With vigilance rising ahead of cease-fire talks between the United States and Iran, the New York stock market showed a mixed performance by index.
On the 10th (local time) at the New York Stock Exchange, the Dow Jones Industrial Average closed at 47,916.57, down 0.56% from the previous session. The Standard & Poor's (S&P) 500 fell 0.11% to 6,816.89, while the Nasdaq rose 0.35% to 22,902.89.
In the market, a wait-and-see mood deepened ahead of the first face-to-face cease-fire talks between the United States and Iran scheduled for the 11th. After recent gains on hopes for a truce, some profit-taking also appeared.
The two sides engaged in a war of nerves ahead of the talks. President Donald Trump hinted at possible military action if no deal is reached, and Speaker Mohammad Bagher Ghalibaf set the lifting of sanctions as a precondition. Uncertainty over the talks remains high.
The U.S. consumer price index (CPI) for March rose 0.9% from the previous month, but it met market expectations and had a limited impact on stocks.
However, the University of Michigan consumer sentiment index for April plunged to 47.6, raising concerns about an economic slowdown. The consumer sentiment index, released monthly by the University of Michigan, is a key gauge of U.S. consumers' views on the economy and spending sentiment. By sector, financials, health care, and consumer staples were weak, while within technology, software extended its decline.