Concerns over the conflict weighed on the S&P 500 on Friday, as the index pared a rally that has seen it rise 5.2% from its Feb 24 intraday low. Investors have virtually priced out the chances of a hefty 50 basis point rate hike in March, giving a lift to the technology and growth stocks that had been pummeled in recent weeks by anticipation of harsh Fed tightening. Meanwhile, geopolitical concerns have propelled oil prices, prompting fears of slower growth and higher inflation over the long term. The run-up in U.S. Treasury yields, which move opposite to bond prices, has stalled for now, but has since pulled back and was last at 1.74%. The 10-year Treasury note climbed over 50 . . .
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