Wall Street is pricing in a quarter-point interest rate hike Wednesday.

Major U.S. equities benchmarks closed mostly higher Friday, with a rise in technology stocks helping to lift the S&P 500 and Nasdaq Composite Index to modest gains. The S&P 500 rose 12.74 points on Friday,

US stock futures rise on Friday, led by Nasdaq futures, as falling oil prices ease inflation concerns. Investors assess the Federal Reserve's interest rate outlook, AI demand and corporate updates. Berkshire Hathaway sees Warren Buffett step down as chairman,

Apollo Global Management has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.

The stock market retreated after the Federal Reserve raised interest rates for the first time since 2023, signaled one more hike by year-end and Fed chief Kevin Warsh stressed inflation was "too high.

Wall Street closed out an up-and-down week with a mixed finish for U.S. indexes as bond yields rose and oil prices swung. The S&P 500 rose 0.2% Friday.

The 10-year Treasury yield briefly climbed back above 5% after retreating on Thursday and was last up more than five basis points at 4.998%. The benchmark yield had already risen above 5% earlier in the week, reaching its highest level since July 2007.

Stock Market Today: The Dow Jones index falls Friday as oil prices reverse higher. Apple, AMD, Micron and Sandisk are key movers.