What factors are influencing the markets on Friday: Large-Cap Stocks take a break, Small Caps perform well, and Oil sees a resurgence.

The week ended with Wall Street having a relatively calm session, with the major indices trading near parity in midday trading. However, they were still on track to record their third consecutive week of gains. The Russell 2000 stood out as the best performing segment of the market, increasing 1.3% on Friday and achieving a weekly gain of over 5%. Mega-cap stocks, as represented by the iShares S&P 100 ETF, remained flat for the day. The US dollar continued to weaken, experiencing its most challenging week since early July. Traders have fully priced in the expectation that the Federal Reserve will maintain interest rates at their current level next month, with forecasts of four rate cuts in the coming year. Treasury yields showed little change, with the two-year yield rising by 6 basis points and the 30-year yield decreasing by 3 basis points. The iShares 20+ Year Treasury Bond ETF is set to record its fourth consecutive week of gains, the longest streak in a year. Crude oil rebounded by as much as 4% on Friday, nearly erasing its 4.6% decline from the previous day.