Bulls held their ground Friday as the S&P 500 eked out a 0.13% gain despite the 10-year Treasury yield climbing back to 5% and quarterly options expiration adding to trading activity. The session capped a volatile week that included the Federal Reserve’s first interest-rate hike since 2023, while investors continued to weigh the path for additional tightening.

The overnight session started at roughly 7,721.50, with S&P 500 futures initially extending Thursday’s rebound before reaching a high of 7,739.00. Sellers then took control, pushing the contract down to 7,675.50 before a modest late-session recovery.

The session concluded in the lower portion of the day’s range at approximately 7,686.25, losing 21 handles from the previous settlement of 7,707.25. The contract finished below the session midpoint of 7,707.25 after spending much of the session under pressure from rising Treasury yields.

The economic data provided little additional fuel, with U.S. industrial production unchanged in August after rising 0.2% in July. Manufacturing output declined 0.3%, while capacity utilization was unchanged at 76.3%.

Monday, market participants can look forward to the Chicago Fed National Activity Index for August at 8:30 a.m. ET. The economic calendar is relatively light to start the week, leaving markets focused on the fallout from this week’s Fed decision, Treasury yields and developments around U.S.-China trade discussions.

Among the top components of the index, Broadcom Inc (NASDAQ: AVGO) emerged as the biggest gainer. The chip designer advanced by $10.31, or 2.97%, to close at $357.61 for the day. Broadcom also extended its winning streak to two sessions.

That performance was nearly 23 times better than the cash index’s advance of 0.13%.

Conversely, the biggest loser ended up being Meta Platforms Inc (NASDAQ: META). For the day, the tech conglomerate declined by $16.56, or 2.43%, to close at $665.75.