The S&P 500’s information-technology sector was up 0.9% and on pace to gain 0.5% this week, FactSet data show, at last check. Tech was advancing for a seventh straight week, on course for its longest weekly winning streak since late December, according to Dow Jones Market Data.

Wall Street rose modestly in premarket trading but remained on track to log its first losing week since early September as higher Treasury yields continued to pressure equities.

Major indexes rose Friday but were on track to end a six-week run of gains. Yields stabilized after jumping to three-month highs earlier in the week.