Stock futures ticked higher early Friday as Wall Street looked set to cap off a winning week despite heightened volatility. Futures tied to the Dow Jones Industrial Average rose by 124 points, or 0.25%. S&P 500 futures gained 0.18%, and Nasdaq 100 futures inched 0.27% higher. The S&P 500 is up 0.5% week to date despite increased market swings, putting the benchmark on track for its eighth straight weekly gain. That would be its longest since a nine-week winning streak that ended in late 2023. The Dow has climbed 1.5% this week and is headed for its third positive week in four. The Nasdaq Composite has added 0.3%, on pace for its seventh weekly advance in the past eight weeks. Volatility picked up this week as investors wrestled with a sharp rise in long-term Treasury yields. The 30-year Treasury yield climbed above 5.19% earlier this week, reaching its highest level since before the financial crisis, before easing to 5.09% on Thursday. “Our view on Iran is the same as before: a deal is much more likely than not, but this is already priced in, and the conflict will have stagflationary effects for at least the next few quarters,” Adam Crisafulli, founder of Vital Knowledge, said in a note. President Donald Trump is expected to swear in Kevin Warsh, his pick to lead the Federal Reserve and succeed Jerome Powell, during a ceremony on Friday. U.S. Treasury yields fell on Friday after a week of volatility that saw borrowing costs rise to multi-year highs in response to renewed concerns about inflation. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.564%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was largely flat at 4.083%. The longer-dated 30-year Treasury bond yield fell more than 2 basis points to 5.086%. Asia-Pacific markets traded higher Friday as investors assess U.S.-Iran diplomatic efforts to reach a peace deal in the Middle East. Japan’s Nikkei 225 ended Friday’s session 2.68% higher at 63,339.07, while the Topix added 1% at 3,892.46. Japan’s core inflation eased more than expected in April to its lowest level since March 2022, weakening the case for an early rate hike by the Bank of Japan. South Korea’s Kospi rose 0.41% to 7,847.71, while the Kosdaq Index jumped nearly 5% to 1,161.13. Australia’s S&P/ASX 200 was up 0.41% at 8,657. Hong Kong’s Hang Seng index rose 0.81% in the last hour of afternoon trade, while mainland China’s CSI 300 added 1.3% at 4,845.1. India’s Nifty 50 gained 0.75%, while the BSE Sensex was 0.8% higher. Oil prices resumed their rally Friday after declining for three straight sessions as investors weighed mixed messaging on Iran peace deal negotiations. The U.S. and Iran have signaled progress in talks to end the war, but the warring sides remain at loggerheads over Tehran’s enriched uranium stockpile and tolls on the strategically vital Strait of Hormuz. International benchmark Brent crude futures traded 2.3% higher at $104.88 per barrel at 6:21 a.m. ET, while U.S. West Texas Intermediate futures advanced 1.6% to $97.93. Brent and WTI both settled around 2% lower in the previous session, putting them firmly on track for their second negative week in three. Both contracts, however, are up more than 40% since U.S. and Israeli-led strikes against Iran started on Feb. 28. Gold prices fell 1% on Thursday as climbing oil prices heightened inflation ​worries, boosting bets for U.S. ​rate hikes and ​lifting Treasury yields and the dollar, which added more pressure on bullion. Spot gold was down 1% at $4,500.07 per ounce. On Wednesday, bullion ⁠rose ‌more than 1% in U.S. trading hours after ⁠having hit its lowest level since March 30. U.S. gold futures for June delivery lost 0.7% at $4,502.90.