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Equities finished higher, with the Dow and S & P 500 indexes approaching new highs, while the Nasdaq and Russell 2000 indices fell slightly.
The financial group (+ 1.8%) led all S & P sectors as Treasury yields rose on the curve, with 10-year yields rising 3 bps to a record high of 3.08% over four months; for the week, the benchmark return is up 8 pts.
Goldman Sachs, Morgan Stanley and Bank of America all rose by nearly 3%, while JP Morgan Chase and Citigroup each added 3.3%.
The materials sector (+ 1.1%) also outperformed, but most groups finished lower, including the most weighted technological space (-0.1%); Utilities, telecommunication services and real estate groups posted the worst results, losing between 0.9% and 2.1%.
Stocks of cannabis were at the center of concern as Tilray revolved wildly after its CEO said last night that the company would be a "smart hedge" for large pharmaceutical companies; Tilray closed up 38% but was stopped several times after adding up to 93% and falling briefly in the red.
October WTI crude oil rose 1.8% to $ 71.12 / barrel, the highest since July 10th.
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