“What’s going on in the Middle East is unfortunately becoming more and more depressing and it looks like it’s likely to get even worse,” he said.
Among stocks, the Dow Jones Industrial Average .DJI rose 39.15 points, or 0.12 percent, to 33,670.29, the S&P 500 .SPX fell 21.83 points, or 0.50 percent, to 4,327.78 and the Nasdaq Composite .IXIC fell 166.99 points, or 1.23 percent. per cent, at 13,407.23.
The pan-European STOXX 600 index .STOXX lost 0.98 percent and MSCI’s worldwide stock gauge .MIWD00000PUS lost 0.81 percent.
Buying into safe havens also helped the dollar due to the increasing conflict in the Middle East.
The dollar index =USD, which measures the U.S. currency against its six major rivals, rose 0.11 percent to 106.63. The index, which jumped 0.8 percent on Thursday, its biggest one-day rise since March 15, is on pace to end the week up 0.5 percent.
Data earlier on Friday showed China’s consumer prices were steady in September while factory-gate prices eased gradually, suggesting deflation pressures persist, while exports and imports contracted at a slower pace. Are happening.