How Major US Stock Indexes Fared Tuesday Oct. 18, 2022

How Major US Stock Indexes Fared Tuesday Oct. 18, 2022
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 14, 2022 in New York City. Spencer Platt/Getty Images
The Associated Press
Updated:

Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns.

The S&P 500 rose 1.1 percent Tuesday. The Dow Jones Industrial Average and the Nasdaq also rose. The gains tempered from an earlier jump that sent almost all of the stocks in the S&P 500 higher. It was the latest knee-jerk motion in a market that has been moving erratically in recent weeks.