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Stock market today: Wall Street holds a bit steadier as it closes out an ugly week

News Snapshot:

NEW YORK (AP) — Wall Street’s ugly week is getting a bit of a reprieve, and stocks are holding steadier on Friday, but it’s still heading for its worst week in six months. The S&P 500 was 0.2% higher in early trading, coming off an ugly slide caused by the stock market’s growing understanding that interest rates likely won’t come down much anytime soon. The Dow Jones Industrial Average was down 3 points, or less than 0.1%, at 34,066, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.4% higher. Pressure has built on Wall Street as yields…

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