Stocks End Volatile Week Lower on Geopolitical Worries, Rising Yields

U.S. stocks closed lower on Friday, ending a volatile week amid geopolitical concerns, rising bond yields, hot economic data, and mixed Fed comments.

The Nasdaq fell 1.5% as solar stocks and Tesla weighed. The S&P 500 dropped 1.3% and the Dow lost 0.9%. All 11 S&P sectors closed lower.

The 10-year Treasury yield eased after hitting 5% earlier. Oil prices were slightly lower after a volatile week focused on Israel-Hamas conflict.

Active movers Regions Financial fell on warning of pressure on net interest income. Hewlett Packard Enterprise dropped after disappointing earnings outlook.

Investors look ahead to next week's packed schedule of quarterly earnings reports, with the Fed entering blackout period before its next policy meeting.