Major Equity Indexes Post Loss on the Week

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After an upbeat week, major equity indexes posted marginal losses following a down day on Friday as investors grappled with the pressing question of when the next Federal Reserve (Fed) rate hike will be. The S&P 500 and Dow Jones Industrial Average both experienced a slight loss for the period. International stocks also took a hit with the STOXX Europe 600 trailing the U.S. equity indexes. The yield on the U.S. 10-year Treasury note closed on Friday at approximately 1.58%. Oil prices advanced significantly while gold was relatively flat.

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