US stock market today: Wall Street rises as bond market steadies

US stock market today: Benchmark indices on Wall Street moved higher on Friday, recovering some of the ground lost during a volatile week. The bond market, which has remained the main source of turbulence on Wall Street, was still unsettled, but the swings in Treasury yields had moderated compared with earlier in the week, helping financial markets remain relatively stable.

Most US companies have delivered stronger-than-expected spring earnings, helping fuel the stock market's recent advance to record levels. Over longer periods, stock prices generally tend to track the direction of corporate profits.

Summarised by Agaah from Times of India Business. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.