US stocks today: S&P 500, Nasdaq open higher after inflation data; Mideast in focus

Global inflation and geopolitical stability are key drivers for FII sentiment and capital allocation. Positive US market sentiment can spill over, but Middle East tensions remain a risk.

Maintain a cautious stance on Indian equities, focusing on domestic fundamentals while keeping an eye on global macro indicators for shifts in FII activity.

For Indian markets, this story mainly matters for the Financial Services, Global Macro pocket. The current signal is mixed, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •The S&P 500 and Nasdaq opened higher on Friday.
• •March inflation data largely aligned with expectations.
• •Persistent pressures from the Iran war and stability of the ceasefire remain in focus for investors.
• •Risk flag: Escalation of Middle East tensions could trigger risk-off sentiment globally.
• •Risk flag: Unexpected shifts in US inflation or monetary policy could impact FII flows.