Stocks Settle Lower as Bond Yields Climb on Inflation Concerns
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.15%. Stocks on Friday posted moderate losses, with the Nasdaq 100 falling to a 3-week…