12:14 PM EDT, 06/21/2024 (MT Newswires) -- US equity indexes traded mixed on Friday, while most government bond yields rose after a manufacturing index climbed to a three-month high and a leading indicators' index declined more than forecast.

The S&P 500 increased about 0.1% to 5,477.9, and the Dow Jones Industrial Average declined less than 0.1% to 39,111.8 around midday. The Nasdaq Composite rose 0.4% to 17,781.6. Consumer discretionary and communication services led the gainers, while financials and utilities were the steepest decliners intraday.

The US 10-year yield rose 1.5 basis points to 4.27%, and the two-year rate climbed 1.2 basis points to 4.74%.

In economic news, the June flash reading of manufacturing conditions from S&P Global rose to 51.7 from 51.3 in May, compared with 51 expected in a Bloomberg survey. The index tracking services conditions increased to a 26-month high of 55.1 from 54.8, compared with expectations for a decrease to 54.

The flash reading suggests faster expansion in the sector, in line with the Philadelphia Fed manufacturing index released earlier, but in contrast with the Empire State manufacturing gauge that indicated contraction.

Meanwhile. the Conference Board's measure of leading indicators fell 0.5% in May, following a 0.6% decrease in April but below expectations for a 0.3% decrease in a Bloomberg survey.

In company news, FactSet Research Systems ( FDS ) reported fiscal Q3 adjusted earnings above forecast, and the jump in sales was in line with expectations. Shares jumped nearly 4% intraday, the top performer on the S&P 500.

West Texas Intermediate crude oil fell 0.2% to $81.11 a barrel.