The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.17%. March E-mini S&P futures (ESH26) rose +0.17%, and March E-mini Nasdaq futures (NQH26) fell -0.19%.
Stock indexes settled mixed on Friday. The S&P 500 and Dow Jones Industrial Average recovered from 2-week lows and finished higher, driven by strength in chipmakers and AI-infrastructure stocks. However, stock gains were limited, and the Nasdaq 100 fell to a 2-week low amid weakness in megacap technology stocks. Also, weakness in cybersecurity stocks and insurance companies limited gains in the broader market. In addition, higher bond yields were a negative factor for stocks, as the 10-year T-note yield climbed to a 1.5-week high of 4.19% on Friday.
