Finance

While tech-heavy indexes thrived, the Dow Jones Industrial Average ended the day in negative territory, snapping a three-week winning streak. The decline was largely attributed to weakness in cyclical and financial sectors, contrasting with the record-setting momentum seen in the Nasdaq.

Oil prices experienced significant volatility as investors monitored ongoing tensions in the Middle East and their impact on global supply chains. Brent crude traded near $105 per barrel, while West Texas Intermediate remained around $95, reflecting persistent concerns over the Strait of Hormuz and potential supply disruptions.

The cryptocurrency market remained steady with Bitcoin trading near $78,300 as bulls look toward a significant resistance level. Despite the positive momentum in major digital assets, some analysts noted a lack of broader participation from altcoins and highlighted potential volatility as market sentiment becomes stretched.

U.S. Treasury yields held firm on Friday, with the 10-year note trading near 4.31% as investors balanced strong corporate earnings against geopolitical risks. The bond market continues to reflect expectations for persistent inflation, with the 30-year yield ending the session at approximately 4.91%.