New Delhi, April 10 -- The S&P 500 and the Nasdaq gained, while the Dow Jones retreated on Friday as the March consumer inflation report largely met market projections, amid concerns over a fragile ceasefire between the US and Iran.

As of 9:56 a.m. Eastern Time, the S&P 500 rose 0.1%, the Dow Jones Industrial Average fell 0.4%, and the Nasdaq Composite rose 0.6%.aligned with expectations.

At the opening bell, the Dow Jones Industrial Average rose 13.6 points, or 0.03%, to 48,199.39. The S&P 500 rose 14.6 points, or 0.21%, to 6,839.24​, while the Nasdaq Composite rose 91.5 points, or 0.40%, to 22,913.91.

The Consumer Price Index (CPI) surged at the fastest rate in nearly four years, driven primarily by an unprecedented spike in ga...