Stocks shook off a wobbly day of trading and ended modestly higher on Wall Street, giving the S&P 500 its third weekly gain in a row.

The index added 0.2% Friday, led by technology and banks.

Bond yields fell this week despite reports showing the economy is gaining strength as well as some signs of inflation.

The yield on the 10-year Treasury note was 1.46%. Investors will be closely watching next week's meeting of Federal Reserve policymakers for their assessment of how much of a threat inflation may poise as the economy emerges from its pandemic-induced recession.