Stock market today: S&P 500 dips toward 5,000, Nasdaq sinks


Source: finance.yahoo.com finance.yahoo.com

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Stocks were mixed on Friday morning following a deeper sell-off after Israel's retaliatory strike on Iran spooked the market overnight and spurred a rush to safe havens such as gold. The Dow Jones Industrial Average (^DJI) rose 0.5%. The S&P 500 (^GSPC) fell about 0.2%, pulling the benchmark index back to its 5,000 level, while the tech-heavy Nasdaq Composite (^IXIC) slid 0.7% after sharper falls. The market initially reacted with alarm to overnight reports Israel had attacked an Iranian city home to nuclear facilities, despite urging from allies to restrain from a tit-for-tat cycle of military violence. With few details...