Stock market today: Dow, S&P 500, Nasdaq rise as bond sell-off eases up

US stocks rose on Friday morning as investors assessed the macroeconomic and geopolitical crosscurrents that have pushed up oil prices and bond yields in recent days.The Dow Jones Industrial Average (^DJI) edged higher by 0.3% while the S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) were slightly above the flat line.The stock market continues to swing in reaction to bond yields and oil prices. The 10-year Treasury yield (^TNX) climbed to 5.18%, its highest level since the global financial crisis, on Friday amid inflation concerns. "Not a crisis but an eye-opener," BlackRock's Rick Rieder told Yahoo Finance on Thursday about the bond sell-off.Oil prices, meanwhile, fell, with WTI crude futures (CL=F) falling to $92 per barrel, while global benchmark Brent crude futures (BZ=F) traded near $98 per barrel. Gas prices neared $4.50 on average in the US, keeping pressure on consumers. A reading of consumer sentiment on Friday from the University of Michigan will give a sense of whether Americans' inflation expectations are changing.Chinese President Xi Jinping concludes his visit to the White House today after a formal dinner on Thursday that yielded plenty of spectacle — with a red carpet and top US executives in attendance — but few policy outcomes. The US and China seemed to agree to keep their trade relationship status quo for several months.