Wall Street stocks ended a six-week rally on Friday, with the S&P 500 index declining due to a selloff in banking shares. Despite concerns over bond yields surging to their highest level since July and inflation worries resurfacing, risk-asset bulls remained unfazed. The Nasdaq 100 closed near its record peak ahead of a historic week of tech results, while crypto shares dropped following reports of potential regulation breaches.
Source: https://www.wionews.com/business-economy/wall-street-bulls-end-week-unrattled-after-fast-run-up-in-yields-770881