A slowdown in the Federal Reserve’s preferred inflation gauge couldn’t halt the latest wave of tech stock selling on Friday.
The Dow Jones Industrial Average rose 101 points, or 0.2%, to start the day. The S&P 500 was up 0.1%. The Nasdaq Composite dropped another 0.4%.
The yield on the 2-year Treasury note was down at 4.06%. The 10-year yield was down to 4.25%.