Nasdaq Bounces 0.19% After Fed Rate Outlook Weighs on Tech Stocks

The Nasdaq Composite Index rose 0.19% to 26,117 on Friday after a sharp sell-off in the previous session.

Investors tracked the Federal Reserve's interest-rate outlook, rising Treasury yields, oil prices, and broader geopolitical risks.

Despite a modest rebound, the recovery remained cautious, with elevated government bond yields and geopolitical uncertainty weighing on investor sentiment.

Treasury yields have been particularly challenging for technology stocks, whose valuations depend heavily on expectations of future earnings growth.