NEW YORK, New York – U.S. stocks were divided but mostly trended lower on Friday, although the Dow Jones managed to sneak out of the woods with a modest gain.

The tech sector bore the brunt of selling with a more-than-1 percent decline in the Nasdaq Composite.

“Rates are still in the driver’s seat, and that’s really the rebound that we’re seeing since last Friday,” Adam Turnquist, chief technical strategist at LPL Financial told CNBC Friday. “There’s early signs that we’re seeing technically here of a capitulation, but … we’re still fighting against an uptrend in longer-duration yields.”

Turnquist told CNBC he sees a “challenging and maybe choppy market as we look ahead for October,” unless yields on the 10-year Treasury bond retreats to around 4.35 percent.

The S&P 500, representing the US market, experienced a slight decline on Friday, primarily influenced by varying economic indicators and investor sentiment. In contrast, the Dow Jones Industrial Average managed to close the day with a marginal gain. Meanwhile, the NASDAQ Composite witnessed a notable decrease, reflecting the tech-heavy nature of the index. Folllowing are Friday’s closing quotes:

S&P 500 (US): The S&P 500 closed at 4,327.78, marking a decrease of 21.83 points or a decline of 0.50 percent.

Dow Jones Industrial Average (US): The Dow Jones Industrial Average recorded a modest gain of 39.15 points, reflecting an increase of 0.12 percent, closing at 33,670.29.

NASDAQ Composite (US): The NASDAQ Composite saw a decline of 166.99 points, equivalent to a decrease of 1.23 percent, ending the day at 13,407.23.

U.S. Dollar rebounds on Foreign Exchange Markets on Friday

On Friday, the global foreign exchange markets saw a significant turnaround in the value of the U.S. dollar. Here’s the latest foreign exchange market quotes for Friday:

EUR/USD (Euro / US dollar): The euro to U.S. dollar exchange rate settled at 1.0512, showing a decrease of 0.0015 or a decline of 0.15 percent.

USD/JPY (US dollar / Japanese yen): The Japanese yen exchange rate esoftened to 149.50, a decrease of 0.29 or 0.20 percent.

USD/CAD (US dollar / Canadian dollar): The Canadian dollar, going against the trend, edged up to 1.3660, an increase of 0.0029 or 0.21 percent.

GBP/USD (British pound / US dollar): The British pound fell 0.0037 or 0.31 percent, to 1.2136.

USD/CHF (US dollar / Swiss franc): The Swiss franc exchange rate was the worst performer surprisingly, ending the day around 0.9011, showing a decrease of 0.0072 or a decline of 0.80 percent.

AUD/USD (Australian dollar / U.S. dollar): The Australian dollar was unwanted, fall to at 0.6297, for a loss of of 0.0016 or 0.26 percent.

NZD/USD (New Zealand dollar / U.S. dollar): The New Zealand dollar to US dollar exchange rate saw a decrease of 0.0039 or a decline of 0.67 percent, ending the day at 0.5886.

Global Stock Markets Experience Diverse Movements on Friday

In a mixed trading session on Friday, global stock markets witnessed a range of fluctuations, with some major indices experiencing significant losses while others managed to hold steady. Here’s a summary of the latest world stock market quotes for Friday:

CANADA

S&P/TSX Composite Index: The S&P/TSX Composite index in Canada closed at 19,462.86, showing a decrease of 37.38 points or a decline of 0.19 percent, with a trading volume of 177.542 million shares.

UNITED KINGDOM

FTSE 100 (UK): The FTSE 100 closed at 7,599.60, marking a decrease of 45.18 points or a decrease of 0.59 percent.

EUROPE

DAX PERFORMANCE-INDEX (Germany): The DAX PERFORMANCE-INDEX ended the day at 15,186.66, down 238.37 points, which translates to a decrease of 1.55 percent.

CAC 40 (France): France’s CAC 40 recorded a decline of 101.00 points Friday, or 1.42 percent, to close at 7,003.53.

ESTX 50 PR.EUR (Eurozone): The ESTX 50 PR.EUR, representing the Eurozone, concluded the day at 4,136.12, down 62.11 points or 1.48 percent.

Euronext 100 Index (Eurozone): The Euronext 100 Index exhibited a decline of 15.24 points on Friday, equivalent to a decrease of 1.15 percent, closing at 1,309.15.

BEL 20 (Belgium): Belgium’s BEL 20 recorded a decrease of 33.03 points, translating to a decline of 0.93 percent, closing at 3,507.36.

RUSSIA

MOEX Russia Index (Russia): The MOEX Russia Index saw a marginal decline, losing 4.14 points, or 0.19 percent, to close at 2,222.51.

ASIA

Nikkei 225 (Japan): Japan’s Nikkei 225 experienced a modest dip of 178.67 points, resulting in a decrease of 0.55 percent, closing at 32,315.99.

HANG SENG INDEX (Hong Kong): The HANG SENG INDEX saw a substantial decline, shedding 424.76 points, or 2.33 percent, to finish the day at 17,813.45.

SSE Composite Index (China): The SSE Composite Index in China ended the day at 3,088.10, reflecting a decrease of 19.80 points or a decrease of 0.64 percent, with a trading volume of 4.034 billion shares.

Shenzhen Index (China): China’s Shenzhen Index closed at 10,068.28 Friday, down 100.21 points, marking a decrease of 0.99 percent, with a trading volume of 1.929 billion shares.

STI Index (Singapore): The STI Index in Singapore experienced a decline of 32.90 points, resulting in a decrease of 1.02 percent, closing at 3,185.79.

S&P BSE SENSEX (India): The S&P BSE SENSEX in India dipped by 125.65 points Friday, reflecting a decrease of 0.19 percent, and closed at 66,282.74.

NIFTY 50 (India): India’s NIFTY 50 closed at 19,751.05, down 42.95 points, marking a decrease of 0.22 percent.

IDX COMPOSITE (Indonesia): Indonesia’s IDX COMPOSITE experienced a minor decline of 8.37 points, or 0.12 percent, ending the day at 6,926.78.

FTSE Bursa Malaysia KLCI (Malaysia): The FTSE Bursa Malaysia KLCI closed at 1,444.14, showing a slight gain of 0.32 points or an increase of 0.02 percent.

KOSPI Composite Index (South Korea): The KOSPI Composite Index in South Korea closed at 2,456.15, down 23.67 points or a decrease of 0.95 percent, with a trading volume of 582,884.

TSEC weighted index (Taiwan): Taiwan’s TSEC weighted index closed at 16,782.57, showing a decrease of 43.34 points or a decrease of 0.26 percent.

OCEANIA

S&P/ASX 200 (Australia): Australia’s S&P/ASX 200 saw a minor drop of 40.00 points, or 0.56 percent, ending the day at 7,051.00.

ALL ORDINARIES (Australia): Meanwhile, the Australian ALL ORDINARIES closed at 7,243.50, marking a decrease of 43.90 points or a decrease of 0.60 percent.

S&P/NZX 50 INDEX GROSS (New Zealand): In New Zealand, the S&P/NZX 50 INDEX GROSS marked a decrease of 26.86 points, translating to a decrease of 0.24 percent.

AFRICA

Top 40 USD Net TRI Index (South Africa): The Top 40 USD Net TRI Index experienced a decrease of 36.29 points or a decrease of 0.95 percent, closing at 3,800.60.

MIDDLE EAST

TA-125 (Israel): The TA-125 index in Israel recorded a decrease of 7.86 points, equivalent to a decline of 0.45 percent as the country prepares for a ground invasion of neighbouring Gaza..

EGX 30 Price Return Index (Egypt): The EGX 30 Price Return Index in Egypt gained 348.60 points, representing an increase of 1.77 percent, with a trading volume of 157.883 million shares.

(Photo credit: Big News Network news agency).