How Major US Stock Indexes Fared Friday Sept. 23, 2022

BY The Associated Press TIMESeptember 23, 2022 PRINT

Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates.

The Dow Jones Industrial Average closed at its lowest point of the year Friday. The S&P 500 fell 1.7 percent, close to its 2022 low. Energy prices also closed sharply lower as traders worried about a possible recession. Treasury yields, which affect rates on mortgages and other kinds of loans, held at multiyear highs. U.K. government bond yields snapped higher after that country’s new government announced a sweeping plan of tax cuts.

On Friday (Sept. 23):

  • The S&P 500 fell 64.76 points, or 1.7 percent, to 3,693.23.
  • The Dow Jones Industrial Average fell 486.27 points, or 1.6 percent, to 29,590.41.
  • The Nasdaq fell 198.88 points, or 1.8 percent, to 10,867.93.
  • The Russell 2000 index of smaller companies fell 42.72 points, or 2.5 percent, to 1,679.59.

For the week:

  • The S&P 500 is down 180.10 points, or 4.6 percent.
  • The Dow is down 1,232.01 points, or 4 percent.
  • The Nasdaq is down 580.48 points, or 5.1 percent.
  • The Russell 2000 is down 118.60 points, or 6.6 percent.

For the year:

  • The S&P 500 is down 1,072.95 points, or 22.5 percent.
  • The Dow is down 6,747.89 points, or 18.6 percent.
  • The Nasdaq is down 4,777.04 points, or 30.5 percent.
  • The Russell 2000 is down 565.72 points, or 25.2 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.

You May Also Like