U.S. stocks ended sharply lower Wednesday as higher interest rates and recession fears continued to weigh on the market near the end of a bruising 2022. The Dow Jones Industrial Average closed more than 350 points lower, falling 1.1%:
U.S. stocks ended sharply lower Wednesday, with all 11 of the S&P 500's sectors falling, as higher interest rates and recession fears continued to weigh on the market as investors near the end of a bruising 2022. The Dow Jones Industrial Average DJIA, -1.10% closed more than 350 points lower, falling 1.
1%, while the S&P 500 SPX, -1.20% slid 1.2% and the technology-laden Nasdaq Composite COMP, -1.35% dropped around 1.4%, according to preliminary data from FactSet. Energy was the hardest hit sector of the S&P 500 on Wednesday, down more than 2%. The S&P 500 has tumbled around 20.6% this year, FactSet data show.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 closes lower, Nasdaq sheds 1% as bond yields popThe S&P 500 fell Tuesday, at the start of the holiday-shortened week, as yields climbed and investors weighed the economic outlook for 2023. The Dow rose 0.11%. The S&P 500 shed 0.41%. The Nasdaq fell 1.38%.
Read more »
S&P 500, Nasdaq close lower, weighed by growth stocksWall Street ended lower at the beginning of a holiday-shortened week on Tuesday, as rising U.S. Treasury yields pressured interest rate sensitive megacap shares.
Read more »
S&P 500, Nasdaq close lower, weighed by growth stocks By Reuters⚠️BREAKING: *S&P 500, NASDAQ CLOSE LOWER TO START FINAL WEEK OF 2022 AS TECH SHARES EXTEND SELLOFF - $DIA $SPY $QQQ 🇺🇸 🇺🇸
Read more »
Tesla Stock Heads for Worst Performance This Year of Any Major S&P 500 CompanyIt's been a brutal year for Tesla stock. Shares of the electric-vehicle maker have lost 69% in 2022 through Tuesday, making it the worst performer among major companies in the S&P 500. Facebook parent Meta Platforms isn't very far behind, down 65% through Tuesday's close. Tesla stock staged a mode
Read more »
Generac stock leads S&P 500 gainers after Janney says buy, citing 'free option' on clean energyGenerac stock surges to lead S&P 500 gainers after Janney said investors should buy, as his fair value estimate implies 67% upside.
Read more »
The Indy 500, Coca-Cola 600 Double Put New Spotlight on Memorial Day WeekendHow the Indy 500 and Charlotte 600 double helped put Charlotte and a few drivers on another level.
Read more »