US stocks end mixed; Nasdaq posts fourth straight weekly gain

Most US stock market indices erased their gains on Friday, as the two-year Treasury yields rose to their highest level in three weeks.

The Dow Jones Industrial Average fell 0.2%, or 86 points, to settle at 43,828 points, with monthly losses of 1.8%.

The S&P 500 index kept flat at 6,051 points, ending a three-week uptrend.

Similarly, Nasdaq Composite added 0.1%, or 23 points, to close at 19,926, driven by the technology sector index that gained 0.35%.

As for European markets, the STOXX Europe 600 inched down 0.55% to 516.45 points.

The British FTSE index dropped 0.15% to 8,300 points, and the German DAX index was down 0.1% to 20,405 points. The French CAC 40 index fell 0.15% to 7,409 points.

The Nikkei index retreated 0.95% to 39,470 points, and the broader Topix index lost 0.95% to 2,746 points.

Brent crude futures for February 2025 delivery leapt 1.45%, or $1.08, to $74.49 per barrel. Similarly, the US West Texas Intermediate (WTI) crude futures for January 2025 delivery increased over 1.8%, or $1.27, to $71.29 per barrel. Both contracts gained 4.75% and 6.1% this week, respectively.

Regarding gold, futures prices for February delivery were up 1.25%, or $33.6, to $2,675.8 per ounce, with a weekly gain of 0.6%.