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New York: US stocks fell on the week for the first time in a month as accelerating inflation raises concern about the sustainability of the economic expansion. Treasury yields fell for a three consecutive week. Energy and material shares led the benchmark S&P 500 lower on Friday, four days after the benchmark U.S. equity index closed at another record high. Amazon.com continued it s retreat from all-time highs, helping to send the tech-heavy Nasdaq 100 lower. Small cap stocks were hit hard, with the Russell 2000 having its worst weekly decline since October. The 10-year Treasury note yield registered a third week of declines.

New yorkUnited statesJerome powellBrent schutteFiona cincottaFederal reserveUniversity of michiganNorthwestern mutual wealth management coImage creditNorthwestern mutual wealth managementFederal reserve chair jerome powellNew zealandபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஜெரோம் போவல்ப்ரெண்ட் ஸ்சுட்டே