• Wall Street's main indexes trade mixed on Friday.
• Financial shares post modest gains on rising US Treasury bond yields.
• S&P 500 Consumer Discretionary Index is down more than 1%.

Major equity indexes started the last trading day of the month on a mixed note. As of writing, the S&P 500 Index was down 0.35% on the day at 4,580, the Dow Jones Industrial Average was rising 0.15% at 35,776 and the Nasdaq Composite was falling 0.55% at 15,360.

Among the 11 major S&P 500 sectors, the Consumer Discretionary Index is losing more than 1% as the biggest decliner after the opening bell. On the other hand, the Financials Index is trading in the positive territory supported by a more-than-1% increase seen in the benchmark 10-year US Treasury bond yield.

Earlier in the day, the data from the US showed that the Core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred gauge of inflation, stayed unchanged at 3.6% on a yearly basis in September.

S&P 500 chart (daily)