Market commentary: Stubborn inflation problem meets a Goldilocks jobs report
Stocks bounced to close the week, with the Nasdaq jumping 1.2% on Friday and finishing the week up 0.5%. It wasn’t a clean sweep. The S&P 500 slipped 0.2% on the week, and the Dow fell 1.3%. But with the 10-year Treasury yield climbing to its highest level since 2002, stocks even …
