US stocks rise toward finish of record-breaking week
NEW YORK — U.S. stocks are rising toward the finish of their record-setting week on Friday, even as other financial markets remain indecisive. The S&P 500 rose 0.6 percent and clawed back most of its two straight days of losses since setting its all-time high. The Dow Jones Industrial Average was up 388 points, or 0.8 percent, as of 12:47 p.m. Eastern time, and the Nasdaq composite was 0.6 percent higher. The moves were tentative as oil prices continue to yo-yo because of uncertainty about when the war with Iran will allow the global energy industry to return to normal. The price for a barrel of Brent crude bounced between $102.50 and $105 in the morning, and it was most recently at $104.15, down 0.1 percent. Treasury yields flipped up and down in the bond market following their own sharp moves earlier in the week. The yield on the 10-year Treasury was most recently at 5.24 percent, up from 5.22 percent late Thursday. It recently touched its highest level since 2002 because of worries about high inflation, the U.S. government’s massive debt load, signals that the U.S. economy is cont
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