Stock market selling picked back up on Friday as worries of “stagflation” trickled through Wall Street.
The Dow Jones Industrial Average was down 507 points, or 1.2%. The S&P 500 was down 1.5%. The Nasdaq Composite slid 2%.
The yield on the 2-year Treasury note was down to 3.96%. The 10-year yield fell to 4.29%.