From Investing.com:

Global stocks fell on Friday amid a seven-week decline, while the dollar strengthened due to hopes of interest rate cuts following U.S. inflation data showing a marginal increase in import prices. Markets are less optimistic about a rate cut in June, currently pricing in a 59.2% chance, down from 73.3% a week ago. Wall Street indexes all dropped, with the S&P 500 losing 0.13% for the week, and the Nasdaq declining by 0.73%. Oil prices dipped slightly after hitting $85 a barrel, closing the week with a gain of over 3%. The 10-year U.S. Treasury yield has jumped 22 basis points, reaching its highest level since February.



Read more at Investing.com: Stocks set for weekly fall, dollar climbs as Fed rate cut expected By Reuters