Overview

• The S&P 500 slipped 0.2% on Friday, marking its third straight session in the red while the Nasdaq fell 0.5% and the Dow Jones Industrial Average rose 0.1%.
• Kroger shares jumped 9.8% after the grocer topped first-quarter profit and same-store sales forecasts and lifted its full-year identical sales growth outlook.
• Accenture stock tumbled 6.9% when the consulting firm reported quarterly bookings below analysts’ estimates despite beating revenue and profit targets on AI-driven demand.
• CarMax shares climbed about 6% following a first-quarter earnings beat powered by a 9% year-over-year rise in retail vehicle sales.
• Investor caution was compounded by uncertainty over possible U.S. involvement in the Israel-Iran conflict after President Donald Trump said a decision could come within two weeks, as well as by mixed signals over future Federal Reserve rate decisions.