Stock market today: Indexes rise but S&P 500 on track to snap 6-week win streak as yields spike

• US stocks were higher connected Friday, but are still connected gait for a play loss.
• The Dow roseate for nan first clip this week. Yields stabilized aft a jump to three-year highs.
• Major indexes were headed for their first play nonaccomplishment successful six weeks.

US stocks were up connected Friday but headed for a play loss, pinch awesome averages connected way to threat a six week streak of gains.

The Dow Jones Industrial Average roseate for nan first clip this week, while The S&P 500 inched higher aft breaking retired of a three-day slump connected Thursday. The benchmark scale was helped by Tesla's 22% summation pursuing it's big net hit connected Wednesday.

Hindering stocks done nan week was nan large spike successful enslaved yields. The 10-year Treasury edged little connected Friday but earlier successful nan week had jumped supra 4.25%, it's highest level successful 3 months.

Traders person been recalibrating rate-cut views amid basking data, cautious commentary from Federal Reserve officials, and nan rising prospects of a Donald Trump win, which is wide seen by markets arsenic an inflationary result that would consequence successful rates staying elevated.

Traders adjacent week will sift done respective economical information updates, including September individual depletion expenditures, which is nan Fed's preferred ostentation gauge, arsenic good arsenic nan October jobs report. September's information showed a stunning 254,000 jobs were added successful nan month.

A likewise basking number would apt temper rate-cut expectations further arsenic markets spot little urgency from nan Fed to prop up nan economy.

Here's wherever US indexes stood soon aft nan 9:30 a.m. opening doorbell connected Friday:

• S&P 500: 5,850.31, up 0.7%
• Dow Jones Industrial Average: 42,546.91, up 0.4% (173 points)
• Nasdaq composite: 18,608.82, up 1.1%

Here's what other is going on:

• JPMorgan said immoderate drivers of Tesla's net look unsustainable.
• Versace genitor Capri's banal plunged aft a judge changeable down a merger woody betwixt nan institution and Coach proprietor Tapestry.
• Vladimir Putin tempered expectations for de-dollarization astatine a BRICS summit.

In commodities, bonds, and crypto:

• Oil futures were up. West Texas Intermediate crude roseate 1.25% to $71.07 a barrel. Brent crude, nan world benchmark, climbed 1% to $75.27 a barrel.
• Gold edged little to $2,744 an ounce.
• The 10-year Treasury output dipped to 4.184%.
• Bitcoin was up 0.7% to $67,934.