* Indexes: Dow down 0.23%, S&P 500 up 0.15%, Nasdaq up

0.54%

* March CPI at 3.3% annually, in line with estimates

* TSMC's US shares gain after Q1 revenue beat

* CoreWeave ( CRWV ) rises after deal with Anthropic

(Updates after markets open)

By Purvi Agarwal and Avinash P

April 10 (Reuters) - The S&P 500 and the Nasdaq edged

higher on Friday, lifted by gains in tech stocks after March

inflation data met expectations despite ongoing pressures from

the Middle East conflict, while investors weighed the strained

truce between the U.S. and Iran.

U.S. consumer prices increased the most in nearly four years

in March, as the war boosted oil prices and the pass-through

from tariffs persisted.

Traders stuck to bets that the U.S. Federal Reserve will

hold borrowing costs steady this year, according to data

compiled by LSEG, pulling back from an expectation of two

interest-rate cuts this year before the conflict began.

"When paired with Thursday's PCE data, the message is clear:

inflation remains sticky - and that optimistically assumes the

energy surge proves to be a temporary headwind rather than a

lasting recalibration," said Bret Kenwell, U.S. investment

analyst at eToro.

"It should keep policymakers on pause, unless we see a more

notable deterioration in the labor market or the broader

economy."

San Francisco Fed President Mary Daly told Reuters on

Thursday the oil shock from the Iran war would extend the

timeline on bringing inflation back to the U.S. central bank's

2% target.

At 10:15 a.m. ET, the Dow Jones Industrial Average

fell 109.60 points, or 0.23%, to 48,076.20, the S&P 500

rose 10.56 points, or 0.15%, to 6,835.22, and the Nasdaq

Composite added 123.70 points, or 0.54%, to 22,946.11.

The S&P 500 information technology index proved to

be the biggest boost to the index, rising 0.8%, with chipmakers

in the lead. Nvidia ( NVDA ) and Broadcom ( AVGO ) rose 1.8% and

4.4%, respectively, and the Philadelphia SE Semiconductor index

hit a record high of 8,926.08.

However, weakness in financial stocks, which were

down 0.8%, capped gains on the benchmark index. Declines in

Goldman Sachs ( GS ) and Travelers dragged on the Dow.

Wall Street's main indexes were set for weekly gains, with

the S&P 500 and the Dow on track for their steepest rise since

November and June, respectively.

The two-week ceasefire between Washington and Tehran, and

comments from Israeli Prime Minister Benjamin Netanyahu that he

was seeking direct talks with Beirut, largely buoyed market

sentiment this week.

However, the Pakistan-brokered truce has shown some cracks,

with each side accusing the other of ceasefire violations ahead

of the first round of talks, which are scheduled for Saturday.

"This is a headline-driven market... as long as the

ceasefire holds and the market sees a path toward relative calm

in the Middle East, investors should be able to look through

disruptions," said Jeff Buchbinder, chief equity strategist for

LPL Financial.

Separately, a preliminary reading showed the University of

Michigan's consumer sentiment at 47.6 in April, below an

estimate of 52, according to economists polled by Reuters.

U.S.-listed shares of Taiwan Semiconductor Manufacturing ( TSM )

, the world's largest contract chipmaker, rose

2.7% after it beat market forecasts for first-quarter revenue.

CoreWeave ( CRWV ) gained 6.8% after it announced a

multi-year agreement with Anthropic and priced its convertible

bond offering at a premium.

Advancing issues outnumbered decliners by a 1.22-to-1 ratio

on the NYSE and by a 1.07-to-1 ratio on the Nasdaq.

The S&P 500 posted 17 new 52-week highs and 18 new lows,

while the Nasdaq Composite recorded 84 new highs and 70 new

lows.