raders work on the floor of the New York Stock Exchange Aug.15 - Reuters filepic
NEW YORK: U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors.
The S&P 500 utilities sector <.SPLRCU>, down 1.1 percent, led the day's decline as the yield on the benchmark 10-year U.S. Treasury note rose to 2.83 percent, making the highest dividend-paying stocks less attractive.
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