Wall Street rises but weekly loss persists
Wall Street's indices ended Friday higher, with the S&P 500 and Nasdaq rising by 0.43%, and the Dow Jones by 0.98%. However, the market maintained weekly losses due to rising US Treasury yields, which increased amid inflation concerns and Middle East tensions. Yields on 10-year and 30-year bonds rose by more than 3 basis points to reach 4.734% and 5.273%, respectively, potentially triggering a wave of selling in the markets if these increases continue. Experts anticipate that stocks could continue to decline if economic and political tensions escalate further, with investors focusing on the Federal Reserve's upcoming speech next week for additional guidance.
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