The Dow industrials rose to another record high Friday, but surging bond yields revived valuation fears and ended the rebound in technology shares. In U.S. economic news, wholesale prices climbed a sharp 0.5 percent in February, leading to the biggest annual gain in more than two years, but underlying inflationary pressures remained moderate. The U.S. dollar rose on a new spike in Treasury bond yields. Gold was little changed, with futures declining 0.2 percent to $1,719.80 an ounce on the New York Mercantile Exchange. Oil fell modestly but remained near recent highs as production cuts by major oil producers constrained supply. West Texas Intermediate (WTI) crude futures declined 14 cents, or 0.3 percent, to $65.88 a barrel. The Dow Jones industrial average rose 293.05, or 0.9 percent, to 32,778.64. Twenty-two of the index's 30 components gained, led by industrials Boeing and Caterpillar, which jumped 6.8 and 4.2 percent, respectively. Walgreens surged 3.3 percent, and Goldman Sachs advanced 2 percent. Salesforce.com led decliners, dropping 1.7 percent. The broader Standard & Poor's 500 index rose 4, or 0.1 percent, to 3,943.34. Bank stocks gained on rising interest rates, and industrials advanced on fresh U.S. fiscal stimulus. The technology-heavy Nasdaq composite index fell 78.81, or 0.6 percent, to 13,319.86. Google-parent Alphabet dropped 2.4 percent, Tesla lost 2 percent, Netflix and Facebook each retreated 1 percent, and Apple and Amazon each declined 0.8 percent.