Stocks snapped a three-day losing streak Friday, allowing investors to recoup some of the losses incurred during a week in which concerns about interest rates roiled Wall Street.

After briefly dipping into negative territory in late morning, stocks gained steam in the afternoon as yields on the 10-year Treasury note backed off five-year highs of 5.25 percent. As stocks closed Friday, yields on the benchmark note hovered around 5.11 percent.

The Dow industrials rose 157.66, or 1.19 percent, to 13,424.39. The S&P 500 advanced 16.95, or 1.14 percent, to 1,507.67, and the Nasdaq composite index rose 32.16, or 1.27 percent, to 2,573.54.