Wall Street stocks opened mixed as traders digested the recent rally sparked by the truce between Iran and Israel, while the S&P 500 approached another record high, AFP reported.

Stocks rallied after a difficult period earlier this spring amid President Donald Trump's most aggressive trade actions. The improving momentum in the Middle East is the latest positive factor.

"The market is resilient," said Adam Sarhan of 50 Park Investment. "And you're almost at new record highs. That's extremely impressive."

About 20 minutes after the start of trading, the Dow Jones Industrial Average was down 0.2% to 43,016.03 points.

The broad S&P 500 index added 0.1% to 6,098.54 points, about 45 points from its record high, while the tech-heavy Nasdaq Composite Index gained 0.4% to 20,000.24 points.

Among individual companies, FedEx fell 5.5% after the transportation company did not provide a full-year forecast, citing uncertainty about the outlook for global trade and tariffs. |BGNES