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The benchmark indexes are on track to end the week lower, with the S&P 500 and Nasdaq likely to snap three weeks of gains.
The 10-year Treasury yield rose to near 5.30% on Wednesday, its highest since 2007, on the same day US inflation came in under forecast. The Dow Jones Industrial Average rallied on the inflation release, faded for the rest of the session and closed on its low, just under 51,000.