Shares of banks and other financial institutions rose as cryptocurrencies rebounded and fears about software investments by private-credit firms subsided.
Bitcoin prices touched the $60,000 level overnight, less than half their peaks from late last year, before surging to finish the week around $70,000.
Cryptocurrency exchange Coinbase and online brokerage Robinhood tracked Bitcoin's progress and rallied on Friday after a midweek slump.
Carlyle Group shares rallied after the Washington, D.C.-based leveraged-buyout firm logged quarterly earnings ahead of expectations and said software investments were a small part of its portfolio.
Among the firms that had lost ground due to private-credit and software investment fears, shares of Blue Owl and KKR rose sharply.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
02-06-26 1807ET
