Finance

The technology sector spearheaded the broader market rebound, pushing the Nasdaq Composite up 1.2% to achieve a fresh intraday record. Artificial intelligence giant Nvidia briefly touched a new all-time high, driving robust performance across semiconductor and megacap equities. While the tech-heavy index logged its third consecutive week of gains, the Dow Jones and S&P 500 finished the weekly session lower despite Friday's bounce.

U.S. government bond yields initially fell following the weak labor market data but later retraced most of those losses. The 10-year Treasury yield fluctuated from an initial low of 5.16% back toward 5.30%, remaining near its highest levels in 24 years. Market analysts noted that the persistent pressure on yields stems from long-term factors like structural deficits, higher real rates, and upcoming domestic inflation readings.

West Texas Intermediate and Brent crude futures experienced weekly declines despite ongoing geopolitical friction in the Middle East. Prices eased beneath the $100 per barrel threshold after G-7 and European nations agreed to unleash 100 million barrels of oil and diesel fuel from emergency stockpiles. The coordinated inventory release successfully offset fears surrounding diminished crude exports and potential escalations with Iran.