Stocks end Friday with modest gains and weekly losses

Stocks end Friday with modest gains and weekly losses

U.S. stocks advanced Friday after a shaky trading week marked by mixed retail earnings and a chorus of hawkish Fedspeak.

The S&P 500 (^GSPC) rose 0.5%, while the Dow Jones Industrial Average (^DJI) bounced 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) was flat. Treasury yields continued their ascent, with the benchmark 10-year note back above 3.8% and the rate-sensitive 2-year yield inching toward 4.5%.

An assembly of Fed officials on Thursday pushed back against…


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