Stocks rose Friday as rates eased from their recent highs, as Wall Street aimed for a winning weekly performance.
The Dow Jones Industrial Average rose 313 points, or 1%. The S&P 500 climbed 1.1% and the Nasdaq Composite gained 1.3%.
The yield on benchmark 10-year Treasury note dipped below the key 4% level. Traders have been watching 4% as the key level on the 10-year that could trigger another down move in stocks. At times this week when the 10-year rate rose above that point, stocks retreated.
