U.S. stocks fell, giving the Standard & Poor’s 500 Index its first weekly drop in more than a month, as investors speculated the Federal Reserve may raise interest rates sooner than estimated after retail sales climbed at the fastest pace in four months.

Energy shares in the S&P 500 fell 1.5 percent, extending losses for the week to 3.7 percent. Caterpillar Inc. lost 0.5 percent for its sixth straight decline. Yahoo! Inc. rose 3.9 percent to an eight-year high as Alibaba Group Holding Ltd. prepared for an initial public offering. Conversant Inc. surged 30 percent after Alliance Data Systems Corp. agreed to buy it.

The S&P 500 fell 0.6 percent to 1,985.54 at 4 p.m. in New York, capping a 1.1 percent slide this week. The Dow Jones Industrial Average slid 61.49 points, or 0.4 percent, to 16,987.51. The Russell 2000 Index dropped 1 percent. About 6 billion shares changed hands on U.S. exchanges, 7.7 percent above the three-month average.

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