05:01 PM EDT, 06/28/2024 (MT Newswires) -- US equity indexes ended mixed in a week in which technology, energy, and financials were top performers as investors evaluated conflicting macroeconomic data to gauge the path ahead for interest rates.

* The Dow Jones Industrial Average closed at 39,118.86 on Friday versus 39,150.63 a week ago. The Nasdaq Composite closed at 17,732.60 versus 17,689.36 a week prior. The S&P 500 ended at 5,460.48, compared with 5,464.71 a week earlier.

* The US 10-year yield jumped 7.1 basis points to 4.36% late Friday, trading above its close a week ago, but, the two-year yield at 4.72% was little changed from a week earlier.

* Nvidia ( NVDA ) , a heavyweight stock in the Nasdaq and the S&P 500, ended the week down almost 2%. It traded in correction territory on Monday, souring technology bulls' risk sentiment. Apple (AAPL), another mega-cap stock, ended the week higher, up 2.8%.

* In economic news this week, data showed the personal consumption expenditures price index was flat in May, as expected, and down from a month ago. The core PCE price index increased by an expected 0.1% but below the increase in April.

* Q1 gross domestic product was revised higher from its previous estimate, in line with the consensus forecast. An increase in new orders for US durable goods in May slowed from the previous month, but it was still a surprise for the market.

* "Taking all the circumstances into account, I continue to believe conditions will likely call for a cut in the federal funds rate in the fourth quarter of this year," Atlanta Federal Reserve Bank President Raphael Bostic said. "There are plausible scenarios in which more cuts, no cuts, or even a raise could be appropriate. I will let the data and conditions on the ground be my guide."

* The current probability of an interest-rate cut in September stands at almost 58% according to the CME Group's FedWatch Tool Friday.