Stock Market Today: Wall Street Closes Its Worst Week in Six Months With More Losses

Stock Market Today: Wall Street Closes Its Worst Week in Six Months With More Losses
People walk past the New York Stock Exchange in New York on June 29, 2022. Julia Nikhinson/AP Photo
The Associated Press
Updated:
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NEW YORK—Wall Street wheezed to more losses Friday as it limped to the finish of its worst week in six months.

The S&P 500 slipped 9.94 points, or 0.2 percent, to 4,320.06 after a late-day swoon erased a modest gain it had held for most of the day. It capped an ugly slide caused by Wall Street’s growing understanding that interest rates likely won’t come down much anytime soon.