Stock market today: A cooler update on inflation has stocks near record heights and yields easing

News Snapshot:

NEW YORK (AP) — Stocks are opening higher, oil prices are jumping and bond yields are easing as cross currents course through Wall Street. The S&P 500 was up 0.3% Friday and on track to set a record as earnings season kicked off with a mixed set of results from Delta Air Lines, JPMorgan Chase and Wells Fargo. The Dow was 78 points higher, and the Nasdaq composite was up 0.2%. Crude jumped on worries about potential disruptions to supplies. Bond yields sank after a report showed inflation at the U.S. wholesale level was weaker expected. That cemented expectations for...