Wall Street Closes Volatile Week
Wall Street finished a volatile week on a muted note as technology stocks lifted the S&P 500 and Nasdaq. Treasury yields topped five percent and crude prices remained elevated, keeping inflation worries front and center for investors.
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Wall Street closed a volatile week with the S&P 500 rising 12.74 points, or 0.17%, to 7,650.50 on Friday afternoon. The session capped a turbulent five days marked by a Federal Reserve interest rate decision and benchmark United States Treasury yields topping 5%. Investors weighed the long-term impact of central bank tightening as equity markets finished with mixed results.
