How major US stock indexes fared Tuesday 10/11/2022
Stocks ended mostly lower after an afternoon hiccup on Wall Street as trading remains unsettled ahead of key reports on inflation and corporate earnings.
The S&P 500 fell 0.7% after wavering down, up, then back down again. The Nasdaq fell 1.1% and the Dow ended just barely in the green. The S&P 500 marked its fifth straight loss as worries grow that a recession may be looming.
The International Monetary Fund, a global lending agency, further stoked those fears when it cut its forecast for global growth next year to 2.7%, down from the 2.9% it estimated in July.
The S&P 500 fell 23.55 points, or 0.7%, to 3,588.84.
The Dow Jones Industrial Average rose 36.31 points, or 0.1%, to 29,239.19.
The Nasdaq fell 115.91 points, or 1.1%, to 10,426.19.
The Russell 2000 index of smaller companies rose 1 point, or 0.1%, to 1,692.92.
For the week:
The S&P 500 is down 50.82 points, or 1.4%.
The Dow is down 57.60 points, or 0.2%.
The Nasdaq is down 226.21 points, or 2.1%.
The Russell 2000 is down 9.23 points, or 0.5%.
For the year:
The S&P 500 is down 1,177.34 points, or 24.7%.
The Dow is down 7,099.11 points, or 19.5%.
The Nasdaq is down 5,218.78 points, or 33.4%.
The Russell 2000 is down 552.40 points, or 24.6%.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.