Wall Street opens higher, S&P 500 recovers ground

Wall Street began Friday's trading session with a positive outlook, showing a recovery in the S&P 500 after a dip the previous day. This rebound followed concerns over rising Treasury bond yields.

An hour and a half after the opening bell on August 21, 2026, the Dow Jones Industrial Average had climbed 0.82% to 53,194 points. The S&P 500 index was up 0.50% at 7,679 points, and the tech-heavy Nasdaq Composite saw a 0.42% increase, reaching 26,175 units.

However, Thursday's retreat put the S&P 500 on course to end a three-week winning streak. Similarly, the Nasdaq is nearing the end of its own three-week gain, while the Dow Jones is set for its second consecutive week of losses, according to CNBC. The previous day was challenging for the market as Treasury bond yields rose for the second consecutive day, unsettling investors.

In other markets, the price of West Texas Intermediate (WTI) crude oil saw a slight decrease of 0.15% to $86.70 per barrel, though it remains on track for its second consecutive week of gains. Gold prices surged by 1.62% to a three-month high of $4,646 per ounce, and silver gained 1.98%, reaching $69.43 per ounce.