S&P 500 wavers after best one-day rally in six weeks: AlphaCheck

Good morning. Stocks experienced fluctuations on Friday, with the S&P 500 momentarily reaching its highest single-day gain in six weeks. Oil prices remained stable, as did bond yields following the Federal Reserve's decision to increase interest rates for the first time since 2023. The yield on the 10-year Treasury hovered around 4.98%. Brent crude futures traded near $104 per barrel, while West Texas Intermediate edged up to $103.

A snapshot of the markets at the start of trading, based on data from Yahoo Finance's AlphaSpace heat map, indicated that tech stocks were on track to end the week with minimal movement. Nvidia shares increased by less than 1%, amid growing concerns about AI risks. Alphabet and Meta were expected to conclude the week with positive weekly performance. Bitcoin gained over 4% to surpass $79,000, while gold held steady near $4,400.

Some of the stocks attracting attention among Yahoo Finance readers on Friday morning included Netflix, Draftkings, and Berkshire Hathaway. For the latest stock market news and in-depth analysis, including factors influencing stock prices, readers can refer to the provided link.