Wall Street Steady as Trump Delays Decision on Israel-Iran Conflict

Wall Street's main indexes rose as President Trump delayed a decision on U.S. involvement in the Israel-Iran conflict. Markets remain cautious as hostilities persist. Economic concerns rise with inflationary pressures linked to Trump's tariffs. Major indices show weekly gains amid geopolitical tensions.

Wall Street's main indexes experienced a slight uptick on Friday, mirroring global stock strength after President Donald Trump postponed a decision regarding U.S. involvement in the Israel-Iran war.

White House officials indicated a decision would come within two weeks, as Middle Eastern tensions escalate. Trump has oscillated between proposing a diplomatic approach and hinting at potential military involvement alongside Israel, keeping markets wary.

Economic worries are heightened by the Federal Reserve's inflation concerns amid potential tariff impacts. Meanwhile, weekly gains are evident despite geopolitical uncertainty, with the S&P 500 and Nasdaq not far from record levels established earlier.

(With inputs from agencies.)