NEW YORK (AP) -- The Standard & Poor's 500 index is ending with its first weekly loss since early August.<br />
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Dividend-rich utility stocks led the losses, and the index slipped 11 points, or 0.6 percent, to 1,985 Friday. The S&P 500 fell 1.1 percent for the week.<br />
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Its previous down week ended August 1, when the S&P 500 fell 2.75 percent.<br />
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The Dow Jones industrial average fell 61 points, or 0.4 percent, to 16,987. The Nasdaq lost 24 points, or 0.5 percent, to 4,567.<br />
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Bond prices fell, pushing up the yield on the 10-year Treasury note to 2.61 percent, from 2.55 percent late Thursday.<br />
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Bond prices fell after news that August U.S. retail sales rose faster than economists predicted. That reinforced expectations that the Federal Reserve could start hiking interest rates sooner than expected.
