New Delhi, June 12 -- US equities edged lower on Friday as investors assessed conflicting updates on Middle East diplomacy while bracing for SpaceX's historic public market debut.

In early trading, the Dow Jones Industrial Average was flat at 50,858.98. The broad-based S&P 500 slipped 0.2% to 7,380.09, while the tech-rich Nasdaq Composite Index dropped 0.3% to 25,724.16.

Global market sentiment initially surged following President Donald Trump's Thursday remarks, which hinted that a comprehensive peace treaty to resolve the regional conflict and unblock the vital Strait of Hormuz could be finalized this weekend. However, cautionary undertones remained as Tehran noted a conclusive agreement is still pending.

"It's very difficult to know...