Wall Street opens flat on inflation and Mideast news
Wall Street indexes opened flat on Thursday as investors weighed new inflation data. Market sentiment was tempered by rising tensions between the U.S. and Iran.
The United States stock market opened flat on May 28 as investors analyzed inflation data and geopolitical friction. The Dow Jones Industrial Average edged up 16.7 points, or 0.03%, to 50,660.98 at the opening bell. The S&P 500 fell 0.5 points, or 0.01%, to 7,519.82, while the Nasdaq Composite rose 11.8 points, or 0.04%, to 26,686.53 at the opening bell. This neutral start reflects a cautious balance between domestic economic signals and international instability.
### Inflation Data and Geopolitical Friction Market participants are weighing fresh inflation figures against intensifying tensions between the U.S. and Iran. These developments have tempered hopes for a regional peace deal, keeping major indexes near their previous closing levels.
