Wall Street Uneasy Amid Trump-Iran Deal Uncertainty

Investors on Wall Street are closely monitoring developments regarding a potential agreement between the US and Iran. The Dow Jones closed with a slight decrease of 0.18%, while the S&P 500 and Nasdaq saw marginal gains.

Trump had issued an ultimatum to Iran, threatening military action. Simultaneously, he left the door open for a deal, while the Prime Minister of Pakistan requested a two-week extension.

Economic data indicates that the US services sector grew at a slower pace, while prices rose. Inflation expectations have increased due to the war in the Middle East. Chicago Fed President Austan Goolsbee expressed concerns about the US economy.

Investors are awaiting the March Consumer Price Index (CPI) data and Personal Consumption Expenditures (PCE) figures.