US equity markets opened in mixed territory on Friday, with the Dow Jones Industrial Average posting a modest gain of 0.26% to 52,622.92 points.
The S&P 500 edged up 0.05% to 7,547.64, while the Nasdaq Composite faced headwinds as traders positioned ahead of a major corporate debut.
The primary focus for investors is the first day of trading for SK Hynix, South Korea’s second-largest semiconductor manufacturer, on the Nasdaq.
The listing of the memory chip giant adds a significant new benchmark to the US tech sector, potentially reshaping liquidity and valuation comparisons for peers like Micron and Samsung Electronics.
Broader market sentiment remains constrained by lingering geopolitical tensions and recent inflation data that has intensified concerns about persistent price pressures.
Earlier in the week, US equities opened with mixed signals as investors digested new price data, with the Dow gaining 0.4% to 52,073 on Thursday.