US stock indexes all closed mixed on Friday, Dow +0.12%, Nasdaq -0.32%, and S&P 500 Index -0.01%.

US stock indexes all closed mixed on Friday, Dow +0.12%, Nasdaq -0.32%, and S&P 500 Index -0.01%.

US stock indexes closed mixed on Friday, reflecting a day of volatility driven by ongoing trade tensions and mixed earnings reports. The Dow Jones Industrial Average DJI rose by 0.12%, the S&P 500 SPX was nearly flat, and the Nasdaq Composite IXIC dipped by 0.32%.

The Dow Jones, which includes 30 blue-chip companies, ended the day at 42,233.63, up 110.02 points. The S&P 500, a broader market index, closed at 5,914.15, down 7.39 points, while the Nasdaq, heavily influenced by tech stocks, ended at 19,209.56, down 10.40 points.

Investors were digesting minutes from the Federal Reserve's May 6-7 meeting, which highlighted the central bank's cautious approach to potential trade-offs between rising inflation and unemployment. The minutes indicated that the Fed is in a wait-and-see mode, seeking more clarity on trade developments [1].

Earnings reports also played a significant role in market movements. Nvidia Corporation (NVDA), a leading AI chipmaker, was up 0.9% ahead of its report due after the closing bell. Analysts expect the company to report a jump in first-quarter revenue [1]. Salesforce Inc. (CRM), another key player in the tech sector, saw its shares down 0.8% ahead of its earnings report [1].

In the broader retail sector, Dick's Sporting Goods (DKS) gained 1.9% after its first-quarter results beat estimates, indicating strong consumer spending in the sportswear industry [1].

The Nasdaq, which had been the best performer of the major indexes in May, saw its largest decline of the day as traders awaited Nvidia's earnings report. Defensive options contracts were drawing heavy attention in the options markets, reflecting expectations of industry-wide volatility [1].

Despite the mixed results, May proved to be a strong month for the S&P 500, which climbed over 6%, the Nasdaq Composite surged nearly 10%, and the Dow Jones gained around 4% [3]. The month's performance was notable for its resilience despite ongoing trade tensions and legal battles over tariffs.

Market analysts remain cautious about the potential impact of trade tensions and inflation data on the economic outlook. The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures (PCE) index, will be closely watched for any signs of a cooling or heating trend.

Investors are also keeping an eye on the fallout from Trump's proposed tariffs, the direction of U.S.-China negotiations, and continued earnings reports from key retail and tech names. The market may remain choppy as investors seek clarity on both international trade policy and domestic inflation trends [2].

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L3N3S01CF:0-indexes-near-flat-following-fed-minutes-nvidia-results-ahead/
[2] https://economictimes.indiatimes.com/news/international/us/us-stock-market-futures-today-dow-sp-500-and-nasdaq-hold-steady-as-trump-tariff-threat-inflation-data-and-china-trade-stall-shake-investor-confidence/articleshow/121516339.cms
[3] https://finance.yahoo.com/news/live/stock-market-today-sp-500-nasdaq-dow-drop-as-us-china-tensions-heat-up-while-pce-inflation-cools-170507560.html