US stock indices showed mixed performance as the Nasdaq and S&P 500 reversed earlier gains. The Nasdaq initially rose by 50 points to 4862 before retreating to 4815, while the S&P 500 dropped from 1988.63 to 1970.61, nearing its previous close of 1969.40. Volatility in tech-heavy indices and broader market uncertainty contributed to the fluctuation. Traders are monitoring whether these indices can stabilize above key support levels ahead of the weekend. The lack of clear direction highlights ongoing investor caution amid mixed economic signals and corporate earnings reports. Market participants will watch for follow-through buying or selling in the coming sessions to determine the next phase of the trend.
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