Stocks

How Major US Stock Indexes Fared Monday Sept. 12, 2022

BY The Associated Press TIMESeptember 12, 2022 PRINT

Stocks rose again on Wall Street ahead of a high-stakes report that will hopefully show inflation hammered the economy less hard last month.

The S&P 500 climbed 1.1 percent Monday, while gains for tech companies pushed the Nasdaq up a bit more. Traders are making their final moves before a report on Tuesday that’s expected to show inflation slowed again during August. It likely won’t change minds at the Federal Reserve, which is preparing for another hefty hike to interest rates next week. A continued slowdown in inflation would give the Fed more of a chance of avoiding a scarring recession.

On Monday (Sept. 12):

  • The S&P 500 rose 43.05 points, or 1.1 percent, to 4,110.41.
  • The Dow Jones Industrial Average rose 229.63 points, or 0.7 percent, to 32,381.34.
  • The Nasdaq rose 154.10 points, or 1.3 percent, to 12,266.41.
  • The Russell 2000 index of smaller companies rose 23.24 points, or 1.2 percent, to 1,906.09.

For the year:

  • The S&P 500 is down 655.77 points, or 13.8 percent.
  • The Dow is down 3,956.96 points, or 10.9 percent.
  • The Nasdaq is down 3,378.56 points, or 21.6 percent.
  • The Russell 2000 is down 339.23 points, or 15.1 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.

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