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S&P 500, Nasdaq snap 4-week win streaks as U.S. stocks drop and Treasury yields jump

·6 min read
S&P 500, Nasdaq snap 4-week win streaks as U.S. stocks drop and Treasury yields jump

U.S. stocks close lower Friday, with major benchmarks suffering weekly losses, as investors digested hawkish commentary out of the Federal Reserve and more than $2 trillion equity-linked options expired.