Wall Street ends higher, post mixed weekly performance

US stocks ended higher on Friday, aided by a continued decline in oil prices, but posted mixed weekly performance as rising bond yields and the Federal Reserve's first monetary policy tightening in three years weighed on sentiment.

At the close, the Dow Jones Industrial Average fell 0.18%, or 95 points, to 51,682, posting a weekly loss of 1.70%, its worst performance over a comparable period since March.

By contrast, the broader S&P 500 rose 0.17%, or 12 points, to 7,650, ending the week little changed.

The Nasdaq Composite gained 0.40%, or 104 points, to 26,522, bringing its weekly gain to about 0.72%.

In Europe, the STOXX Europe 600 fell 1.11% to 635 points, posting a weekly loss of 0.57%.

Britain's FTSE 100 dropped 1.45% to 10,659 points, Germany's DAX declined 1.60% to 25,304 points, and France's CAC 40 fell 1.49% to 8,065 points.

In Japan, the Nikkei 225 rose 1.38% to 65,018 points, while the broader TOPIX edged down about 0.10% to 4,091 points.

In oil markets, Brent crude futures for November delivery fell 0.91%, or 95 cents, to $103.87 a barrel.

US WTI crude futures for October delivery dropped 1.61%, or $1.61, to $100.30 a barrel.

Gold futures for December delivery rose 0.57%, or $25.20, to $4,424.90 an ounce.

Market drivers

Stocks are under pressure from rising bond yields and concerns over continued monetary tightening, while lower oil prices are helping limit losses. Optimism over earnings at artificial intelligence companies is providing some support to the technology sector.