Market Jitters as Geopolitical Tensions Loom

The S&P 500 and Nasdaq faced slight downturns on Friday afternoon as investors grew anxious over potential U.S. involvement in the Iran-Israel conflict. Stocks experienced fluctuations, though the S&P 500 managed to reduce some losses during the trading session.

The geopolitical tension adds to investor hesitancy, with the White House stating President Trump will decide in the next two weeks on possible U.S. action in the conflict. Market participants remain cautious of buying stocks ahead of the weekend, anticipating further developments in the Israel-Iran air war.

Amidst global tensions, attentions also turned to the Federal Reserve's recent decision to hold interest rates steady. While some Fed officials suggested rate cuts could occur soon, opinions varied. Tech stocks, including Nvidia, were particularly affected, contributing to broader market declines.

(With inputs from agencies.)