GLOBAL MARKETS-Stocks Fall, Dollar Rises as Data Dampens Policy Easing Hopes

WALL STREET - NEW YORK. MSCI's global equities gauge lost ground while the dollar rose as investors worried that Thursday's surprisingly strong U.S. economic data would make the Federal Reserve more cautious about cutting interest rates. 

U.S. Treasury yields also rose after the Commerce Department's Bureau of Economic Analysis said the U.S. economy grew faster than previously thought in the second quarter, pumped up by an ebb in imports and a pickup in consumer spending.