Finance

U.S. Treasury yields marched upward following the central bank's firm stance on its 2% inflation objective. The two-year Treasury yield, which is highly sensitive to monetary policy adjustments, climbed significantly to reach approximately 4.35%. Meanwhile, the benchmark 10-year note yield pushed higher to settle around 4.73% as investors adjusted portfolios for potentially longer-lasting restrictive conditions.

Although artificial intelligence heavyweight Nvidia reported blowout quarterly financial results and an upbeat corporate revenue forecast that pushed its own shares up, the broader semiconductor sector failed to sustain momentum. Specialized exchange-traded funds tracking chipmakers recorded weekly losses, dragged down by notable pullbacks in major component stocks like Marvell Technology and Applied Materials.

The digital asset market faced renewed selling pressure toward the weekend as early-week liquidity optimism evaporated. Bitcoin sharply retreated from its intraday push above the $81,000 threshold, sliding back below $78,000 to trigger more than $200 million in spot Bitcoin ETF outflows on Friday. Altcoins experienced a similar reversal, with Ethereum consolidating near $2,500 despite recording several consecutive days of net inflows into dedicated spot instruments.