How Major US Stock Indexes Fared Wednesday Oct. 19, 2022

How Major US Stock Indexes Fared Wednesday Oct. 19, 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 closed lower on Wall Street, reversing course after two days of gains.

Major indexes are still higher for the week despite the declines, which pulled every sector lower except energy. Treasury yields continue to climb to multiyear highs, tempting investors with higher returns on relatively low-risk investments.