India, June 12 -- The US stock market traded mixed on Friday as investors weighed optimism surrounding potential diplomatic progress between the US and Iran against ongoing uncertainty over Federal Reserve policy. While industrial and cyclical stocks lifted the Dow Jones, technology shares dragged on the Nasdaq. Meanwhile, falling crude oil prices eased inflation concerns and provided support to broader market sentiment.

Investors are closely monitoring geopolitical developments, interest-rate expectations, commodity prices, and corporate earnings as Wall Street searches for its next major catalyst.

US Stock Market Up Today: Market Snapshot

Major US indices delivered mixed performances during the session:

The divergence between indust...