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US STOCKS-S&P 500 ends down as investors fret about interest rates

The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes. The see-saw session on Wall Street followed economic data this week that pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.
United States Thomas Barkin Jake Dollarhide Michelle Bowman Exxon Mobil Microsoft Corp

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