Futures tied to the Dow Jones Industrial Average rose slightly Friday ahead of a shortened trading session, as the major averages aimed for a four-week winning streak. Dow futures were up 41 points, or 0.1%. S&P 500 futures were marginally higher, while Nasdaq-100 futures dipped 0.1%. For the week, the Dow and S&P 500 are up 0.9% each. The Nasdaq Composite is up 1% in that time. It would be the longest weekly winning streak for the S&P 500 and Nasdaq since June. The Dow, meanwhile, hasn’t posted a weekly run this long since April. The moves come as Treasury yields this week hit multi-month lows on hope inflation is cooling and the Federal Reserve may be done raising rates. “The problem is that if economic growth remains solid at the current policy interest rate, then almost by definition monetary policy is not restricting the economy, which means the Fed has little reason to cut interest rates,” Nordea macro strategist Philip Maldia Madsen wrote in a post. “If anything, the rally in bonds and stocks has stimulated the economy and decreased the need for the Fed to ease monetary policy,” he added. “The same is true for the big decline on oil prices, which is unrelated to the US economy, but yet improves households’ real purchasing power to spend on services and goods.” The U.S. stock market closes at 1 p.m. after being closed Thursday due to the Thanksgiving holiday. On Wednesday, the major averages closed higher after the 10-year Treasury yield fell to levels not seen since September. U.S. Treasury yields were broadly higher early Friday as markets reopen following the Thanksgiving break. The benchmark 10-year Treasury yield was 5 basis points higher at 4.465%, pulling away from the two-month low reached before the holiday. The 2-year note yield rose by 3 basis points to 4.94%. Asia-Pacific markets were mixed as investors assessed key economic data from Japan on Friday. The world’s third largest economy saw its core inflation rate rise to 2.9% in October, higher than the 2.8% seen in the month before. The headline inflation rate came in at 3.3%, accelerating from the 3% seen in September. Japan’s Nikkei 225 climbed as investors returned after a public holiday, gaining 0.52% to hit its highest level since July 3, while the Topix advanced 0.54% to end at 2,390.94. In Australia, the S&P/ASX 200 rose 0.17% to close at 7,040.8. South Korea’s Kospi slid 0.73%, finishing at 2,496.63 and snapping a four-day winning streak, while the small-cap Kosdaq declined 0.12% to 815.0. Hong Kong’s Hang Seng index plunged 1.93% in the final hour of trading, while the mainland Chinese CSI 300 benchmark index closed 0.66% lower at 3,538.01. Brent crude futures rose in early Asian trade on Friday, reversing losses in the previous session as traders speculated on whether OPEC+ would come to an agreement on further production cuts. Brent crude futures gained 20 cents, or 0.25%, to $81.62, after settling down 0.7% in the previous session. U.S. West Texas Intermediate crude slid 43 cents, or 0.56%, to $76.67, from its Wednesday close. There was no settlement for WTI on Thursday as it was a U.S. public holiday. Gold held its ground on Friday, on track to log its second consecutive weekly rise as analysts stepped up bets that the U.S. Federal Reserve was done with interest rate hikes, sending the dollar lower. Spot gold was up 0.2% at $1,995.79 per ounce. U.S. gold futures were up 0.2% at $1,996.50.