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In this photo provided by the New York Stock Exchange, trader Ashley Lara works on the trading floor, Friday, June 11, 2021. Stocks were broadly lower Friday after a Federal Reserve official said that the nation's central bank might need to raise interest rates as early as next year, sooner than the Fed's latest estimate of possible rate increases in 2023. (Nicole Pereira/New York Stock Exchange via AP)

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Stocks sank again on Wall Street Friday, knocking the S&P 500 to its worst weekly loss since February, as more steam comes out of banks and other stocks that soared earlier this year with expectations for the economy and inflation.

By DAMIAN J. TROISE and STAN CHOE June 18, 2021
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