Wall Street's Losing Week Overshadows S&P 500's Rise: Live Updates

The S&P 500 rose slightly on Friday, but Wall Street is on track for a losing week as concerns grow over the possibility of the Federal Reserve raising interest rates more than expected. Economic data, including lower-than-expected jobless claims, have reignited fears of rate hikes. Traders are now pricing in a more than 55% chance of a rate increase in November. Stocks have slumped this week, with the Dow and S&P 500 down 0.9% and 1.2% respectively, and the Nasdaq down 1.6%. Oil prices rose 2% this week, adding to concerns about inflation.