Banks, which typically benefit from higher interest rates, dragged on the S&P 500 and Dow Jones Industrial Average.<br />(Reuters) - Wall Street slipped on Friday, ending the week lower as tepid economic data weighed on banks<br />and worries deepened over Nordstrom and other department stores.<br />The Dow Jones Industrial Average declined 0.11 percent to end at 20,896.61 points and the S&P 500 lost 0.15 percent to 2,390.9.<br />For the week, the Dow fell 0.5 percent, the S&P 500 lost 0.4 percent and the Nasdaq rose 0.3 percent.<br />Soft retail sales and monthly inflation data on Friday raised concerns about slow economic growth<br />and questions about whether the Federal Reserve could maintain its hawkish outlook for interest rates this year.<br />Position of the Dow Jones industrial average at 1-minute intervals on Friday.
