Wall Street ends higher despite weekly decline

Wall Street indices closed higher on Friday, with the Standard & Poor's 500 rising by 0.43% to close at 7,674.37 points, and the Nasdaq gaining a similar percentage to reach 26,180.45 points. The Dow Jones Industrial Average also increased by 0.98%, finishing at 53,277.01 points. Despite these daily gains, the markets experienced weekly losses, as yields on U.S. Treasury bonds rose again, putting additional pressure on stocks, especially amid concerns over inflation and rising oil prices. The yield on the ten-year Treasury exceeded 4.73%, with expectations of continued increases, which could lead to a further market decline—particularly if tensions in the Middle East persist. Investors are also closely watching the Federal Reserve Chair's speech at the Jackson Hole symposium for signals regarding interest rate policies and the independence of central banks.

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