According to CNBC, Wall Street's Friday rally left the S&P 500 and Nasdaq on track to finish the week higher, while tech stocks recovered from Thursday's sell-off after a Bloomberg report eased confusion about OpenAI's annualized revenue expectations. Tame bond yields and oil prices also supported the advance. Palo Alto Networks rose more than 4.5% and CrowdStrike gained more than 3.5%, while TJX and Cardinal Health each posted weekly gains of more than 4%. The rout in telecom stocks followed SpaceX's $8 billion spectrum purchase from Grain Management, a deal that will let Starlink expand its mobile capabilities. T-Mobile fell 13%, while Verizon and AT&T dropped roughly 10% each. SpaceX also drew analyst praise this week in separate notes from Goldman Sachs and Barclays. Earnings season begins next week, with Wells Fargo, Goldman Sachs and Johnson & Johnson reporting before Tuesday's opening bell, and Bank of New York set to report Thursday morning. September consumer price and producer price data are due Wednesday and Thursday, and the market still favors a December rate hike, according to the CME FedWatch tool.