S&P 500, Nasdaq notch biggest weekly losses since March

News Snapshot:

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Summary Companies Ford up on Reuters report UAW has made progress in labor talks Alibaba jumps on report of Cainiao Hong Kong IPO U.S.-listed Chinese shares rise on signs of economic rebound Indexes down: Dow 0.31%, S&P 0.23%, Nasdaq 0.09% NEW YORK, Sept 22 (Reuters) - Wall Street see-sawed to a lower close on Friday, capping a tumultuous week during which benchmark Treasury yields hit 16-year highs and investors digested the Federal Reserve's hawkish outlook...