U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 500 points during the session as higher oil prices and a bond-market rout reignited fears of interest-rate hikes.
The Dow Jones closed lower by around 537 points to 49,526.17 on Friday. The S&P 500 fell 1.24% to 7,408.50, while the Nasdaq Composite dipped 1.54% at 26,225.14 during Friday's session.
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