U.S. stock indexes are closing their best week in two months with a flourish on Friday. The S&P 500 was 1.2% higher in midday trading and on track for its first winning week in the last three. The Dow Jones Industrial Average was up 447 points,

Follow the action in markets on Friday, following a down day as U.S. earnings season has seen a solid early start while anticipation builds for a second Trump administration.

Bond yields dipped for a third day on Friday, bringing some relief to investors after they watched the 10-year approach 5% in recent weeks.