The Switzerland stock market closed modestly higher on Friday after a cautious session as investors continued to closely follow the developments in the Middle East, where a solution to the ongoing conflict between Iran and the U.S. remains elusive.
The benchmark SMI, which briefly slipped into negative territory after a slightly positive start, recovered swiftly and stayed above the flat line to eventually settle with a gain of 46.96 points or 0.35% at 13,388.23.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.