US stocks today: Wall Street mixed as tech stocks slide, Iran tensions weigh on sentiment

AI Summary

US and Indian stock markets opened mixed, impacted by declines in tech stocks amid investor concerns over escalating Middle East tensions and prolonged high interest rates. Inflation met expectations, while rising oil prices fueled supply worries affecting global markets.

Indian markets mirrored global trends with a mixed opening as tech stocks faced renewed selling pressure. Investors are also wary of escalating Middle East tensions and the possibility of prolonged high interest rates. Inflation data, while meeting expectations, added to concerns, while oil prices climbed amid supply worries. Global markets also saw declines.