S&P 500, Nasdaq Fall While Bonds Extend Selloff
Uncertainty about Federal Reserve policy and the war in Ukraine pushed the S&P 500 to a weekly loss and stoked a selloff in the government bond market.
The broad stock-market gauge lost 11.93 points, or 0.3%, to 4488.28 Friday. The tech-heavy Nasdaq Composite declined 186.30 points, or 1.3%, to 13711.00. The blue-chip Dow Jones Industrial Average reversed early losses to close up 137.55 points, or 0.4%, to 34721.12.
