Wall St rises on the day but falls for the week; bond yields and Iran in focus

US stock indexes close higher Friday but post weekly losses amid bond yield volatility

US stock indexes closed higher Friday but posted weekly losses as Treasury yields hit 5.327%, highest since 2007. Nasdaq fell 2.05% vs Dow's 0.85% because rising rates compress tech valuations; CIOs should expect delayed capex and AI project timelines as cost of capital rises.