Stocks Rebound as Treasury Yields Rise, Bitcoin Surges Past $74,000

U.S. stock futures rose Friday morning after Thursday's sharp sell-off, while Treasury yields continued to climb, adding to inflation concerns.

The S&P 500 and Dow futures were up 0.3%, with the Nasdaq futures increasing by 0.4% and Russell 2000 futures rising 0.5%. The week saw the Nasdaq and Russell 2000 decline about 2.5%, while the S&P 500 and Dow also headed for weekly losses.

Treasury yields have been on the rise, with the 10-year yield approaching 4.70% and the 30-year yield trading around 5.25%. This has weighed heavily on investor sentiment.