How Major US Stock Indexes Fared Wednesday Oct. 12, 2022

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Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day.

The S&P 500 gave back 0.3 percent Wednesday, its sixth consecutive loss. The Dow and Nasdaq ended with smaller losses. Yields on the 2-year and 10-year Treasury notes ended lower.

Stocks had waffled between gains and losses for much of the day as traders parsed a report from the government that showed inflation at the wholesale level eased last month, though it was a bit worse than expected. Crude oil prices fell.

On Wednesday:

  • The S&P 500 fell 11.81 points, or 0.3 percent, to 3,577.03.
  • The Dow Jones Industrial Average fell 28.34 points, or 0.1 percent, to 29,210.85.
  • The Nasdaq fell 9.09 points, or 0.1 percent, to 10,417.10.
  • The Russell 2000 index of smaller companies fell 5.15 point, or 0.3 percent, to 1,687.76.

For the week:

  • The S&P 500 is down 62.63 points, or 1.7 percent.
  • The Dow is down 85.94 points, or 0.3 percent.
  • The Nasdaq is down 235.31 points, or 2.2 percent.
  • The Russell 2000 is down 14.39 points, or 0.8 percent.

For the year:

  • The S&P 500 is down 1,189.15 points, or 24.9 percent.
  • The Dow is down 7,127.45 points, or 19.6 percent.
  • The Nasdaq is down 5,227.87 points, or 33.4 percent.
  • The Russell 2000 is down 557.55 points, or 24.8 percent.

The Epoch Times Copyright © 2022 The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.

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