US Stocks Face Weekly Losses
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US stocksYahoo Finance
•Stock market today: Dow, S&P 500, Nasdaq poised to fall after Powell dashes rate-cut hopes
80% Informative
S&P 500 has already reversed one-third of its post-election rally.
Nasdaq Composite is shaping up for a weekly loss of almost 1% .
Fed Chair Powell's hawkish comments are casting a pall on markets.
Retail sales in October due later Friday may feed into those calculations as a glimpse into the state of the consumer.
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