Finance

The tech-heavy Nasdaq Composite outperformed other major indexes, surging over one percent to touch a new intraday record and marking its third consecutive positive week. This momentum was largely propelled by a strong rally in artificial intelligence and chipmaking equities, including Nvidia hitting an all-time high.

U.S. government bond yields experienced notable volatility, tumbling initially after the employment figures indicated slowing economic growth. However, fixed-income yields eventually retraced much of their losses, settling with the 10-year Treasury yield continuing to trade near historical multi-decade highs.

In digital asset markets, Bitcoin sustained its position in the mid-$80,000 range while digesting a period of broader price consolidation. Sentiment was further bolstered as Ethereum reclaimed key technical levels and institutional analysts raised long-term price targets for major cryptocurrencies.