S&P 500 publishes the third day of consecutive loss as traders Eye Middle East Tensions, the next stages of Trump

THE S&P 500 Friday, investors were monitoring the latest developments from the Middle East. Merchants also considered the path of future interest rate drops by the federal reserve.

The broad market index decreased by 0.22% to end at 5,967.84, while the Nasdaq Composite fell 0.51% and moved to 19,447.41. THE Industrial average Dow Jones checked 35.16 points, or 0.08%, closing at 42,206.82.

Chip Stocks was under pressure following a Wall Street Journal report that the United States can revoke derogations For some semiconductor manufacturers. Nvidia was down more than 1%, while Manufacture of Taiwan semiconductors Slipped almost 2%. THE Vaneck Semiconductor ETF (SMH) was almost 1%lower.

The S&P 500 began the negotiation session above after the governor of the Federal Reserve Christopher Waller said that the Central Bank could reduce rates from July. “I think we are in the position we could do this and from July,” said Waller during a “Squawk box” interview.

“It would be in my opinion that the committee would accept it or not,” he added.

This occurs after the president of the Fed, Jerome Powell, said on Wednesday that the central bank was not in a hurry to reduce the reference rates and will remain dependent on the data, especially since it is not difficult to know how the prices of President Donald Trump will have an impact on the economy. The S&P 500 closed slightly lower that day after these remarks.

Trump tore Powell again on Thursday, saying that the Fed chair is cost of cost The United States “hundreds of billions of dollars” by delaying rate reductions. The president said before the Fed’s decision on Wednesday that “Stupid” Powell “probably will not cut” Prices.

Tensions around the Israeli-Iranian conflict also remained high because I Israeli Prime Minister Benjamin Netanyahu would have ordered the soldiers of Jerusalem to strike “strategic targets” in Iran, as well as “government targets”.

Trump weighs a direct involvement of the United States with a strike on Tehran, the White House Thursday saying that he will do a Final decision within two weeks. Trump previously called the complete surrender of Tehran, to whom the supreme chief of Iran, Ayatollah Ali Khamenei, described the notion of “threatening and ridiculous”.

“With so much uncertainty in progress in this world, which really wants to go for a long time on weekends,” said Sam Stovall, chief investment strategist at Cfra Research. He also pointed out that the S&P 500 is still negotiated at around 3% below its recent 52 -week high, saying that “the previous highs act as rusty doors and require several attempts before finally swinging.”

“If there is a soothing geopolitical activities, then you know it might be useful,” he continued.

For the week, the S&P 500 was approximately 0.2% lower. The 30 -stock DOW caused a 0.02% gain over the week, while the NASDAQ increased by 0.2%.