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- Major indexes ended Friday higher but were down on the week as rate fears persisted.
- Signs of a tight labor market renewed fears of further interest rate hikes this year.
- Apple fell 5% during the week on fears of a widening crackdown in China on the use of iPhones.
US stocks closed mixed on Friday, with two of the major indexes ending the day nearly flat, though the market ended the week lower.
Through the week, the S&P 500 fell 1.26%, the Dow fell 0.53%, and the Nasdaq dropped 2.11%.