How Major US Stock Indexes Fared Friday Aug. 19, 2022

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Technology stocks led Wall Street lower, leaving major indexes in the red for the week.

The benchmark S&P 500 index gave back 1.3 percent Friday, breaking a four-week winning streak. The tech-heavy Nasdaq composite fell even more. The Dow Jones Industrial Average also fell.

Meme stock Bed Bath & Beyond plunged after the high-profile activist investor Ryan Cohen confirmed that he’s sold his stake in the struggling retailer.

On Friday (Aug. 19):

• The S&P 500 fell 55.26 points, or 1.3 percent, to 4,228.48.
• The Dow Jones Industrial Average fell 292.30 points, or 0.9 percent, to 33,706.74.
• The Nasdaq fell 260.13 points, or 2 percent, to 12,705.22.
• The Russell 2000 index of smaller companies fell 43.38 points, or 2.2 percent, to 1,957.35.

For the week:

• The S&P 500 is down 51.67 points, or 1.2 percent.
• The Dow is down 54.31 points, or 0.2 percent.
• The Nasdaq is down 341.97 points, or 2.6 percent.
• The Russell 2000 is down 59.27 points, or 2.9 percent.

For the year:

• The S&P 500 is down 537.70 points, or 11.3.
• The Dow is down 2,631.56 points, or 7.2 percent.
• The Nasdaq is down 2,939.76 points, or 18.8.
• The Russell 2000 is down 287.97 points, or 12.8 percent.

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