US shares fell for a second consecutive week after traders heard hawkish messages from central banks within the US and Europe that set expectations that rates of interest would stay larger for longer.
Wall Avenue’s S&P 500 fell 2.1 per cent on the week, together with a 1.1 per cent drop in Friday’s session. The tech-heavy Nasdaq Composite closed 1 per cent decrease on Friday, taking its drop for the week to 2.7 per cent.
Friday’s session had the biggest expiry of choices in two years in an…
