(Bloomberg) — Technology shares rose and Treasury yields retreated from the highest levels of the day as investors weighed the risk of inflation with economic growth accelerating.
The yield on the benchmark 10-year Treasury had spiked earlier after the Federal Reserve let a capital break for big banks expire. Crude oil rebounded after tumbling Thursday.
The S&P 500 edged higher, led by the energy and communication services sectors. JPMorgan Chase & Co. and other banks weighed on the Dow Jones…
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