Nasdaq heads for record finish as stocks close tough week

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The tech-heavy Nasdaq Composite (^IXIC) is on track to set a new closing record Friday even as uncertainty over the Fed's next move hands over a robust earnings season.

The S&P 500 (^GSPC) gained 0.5% after the benchmark snapped a three-day losing streak. The Dow Jones Industrial Average (^DJI) slipped into the red, shedding 0.2%, while the Nasdaq put on 1.3%.

Both the S&P and the Dow are on course to record losing weeks.

The benchmark 10-year yield (^TNX) rose to around 4.21% on Friday afternoon, easing back from a three-month high above 4.25% hit midweek.

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