Stocks wavered between gains and losses Friday, but headed for a down week as worries over continued rate hikes persisted.
The Dow Jones Industrials recovered 62.61 points to 33,844.09,
The S&P 500 regained 13.36 points to 3,976.87
The NASDAQ hiked 56.53 points to 11,138.54.
The Dow is off by 1.8% this week, while the S&P 500 has fallen 2.5%. The NASDAQ has lost 2.9%.
Shares of Lululemon fell after the company gave a weaker-than-expected fourth-quarter outlook. Bath & Body Works' stock gained as Dan Loeb revealed a boost in his stake.
Friday's moves came as November's producer price index showed higher-than-expected wholesale prices, which rose 0.3% last month and 7.4% over the previous year. That topped the 0.2% gain expected by economists polled by Dow Jones. Core PPI, which excludes food and energy, rose 0.4%, beating an estimate of 0.2%. Optimistic consumer sentiment data helped to alleviate some fears.
Prices for the 10-year Treasury fell, raising yields to 3.55% from Thursday's 3.49%. Treasury prices and yields move in opposite directions.
Oil prices moved up 98 cents to $72.44 U.S. a barrel.
Gold prices progressed $15.80 to $1,817.30 U.S. an ounce.