U.S. stocks are rising but still headed for a down week on renewed concerns about the future path of the Federal Reserve’s interest rates.
At 10:50 ET (14:50 GMT), the Dow Jones Industrial Average was up 86 points or 0.2%, while the S&P 500 was up 0.4% and the NASDAQ Composite was up 0.4%.
The major Wall Street indices closed mixed Thursday, with the blue-chip Dow Jones Industrial Average ending almost 60 points, or 0.2%, higher, while the tech-heavy Nasdaq Composite dropped 0.9% and the broad-based S&P 500 fell 0.3%.
