U.S. equities edged higher at the opening bell on Friday, rebounding from a sharp decline in the prior session, though major indexes remained poised for weekly losses.
The Dow Jones Industrial Average gained 9.7 points, or 0.02%, to 52,768.87 at the open. The S&P 500 added 24.5 points, or 0.32%, to 7,665.68, while the Nasdaq Composite rose 131.7 points, or 0.51%, to 26,198.835.
The modest gains followed a steep selloff on Thursday, which saw the S&P 500 and Nasdaq drop more than 2% as Treasury yields surged and geopolitical tensions escalated. Analysts noted that while Friday’s early advance suggested some stabilization, broader market sentiment remained fragile amid concerns over elevated borrowing costs and unresolved geopolitical risks.
Traders indicated that positioning for the weekend and light trading volumes ahead of the U.S. Labor Day holiday later in the week could amplify volatility. The market’s trajectory for the week remained negative, with the S&P 500 down roughly 1.5% from Monday’s open.
