Stocks closed modestly higher on Wall Street after a day of veering between gains and losses.
The tentative trading came a day after the market’s worst drop in two years, which was set off by fears that higher interest rates could cause a recession.
The S&P 500 added 0.3 percent Wednesday. The Dow Jones Industrial Average ended just slightly in the green and the Nasdaq composite added about three-quarters of a percent.
On Wednesday (Sept. 14):
- The S&P 500 rose 13.32 points, or 0.3 percent, to 3,946.01.
- The Dow Jones Industrial Average rose 30.12 points, or 0.1 percent, to 31,135.09.
- The Nasdaq rose 86.10 points, or 0.7 percent, to 11,719.68.
- The Russell 2000 index of smaller companies rose 6.89 points, or 0.4 percent, to 1,838.46.
For the week:
- The S&P 500 is down 121.35 points, or 3 percent.
- The Dow is down 1,016.62 points, or 3.2 percent.
- The Nasdaq is down 392.63 points, or 3.2 percent.
- The Russell 2000 is down 44.38 points, or 2.4 percent.
For the year:
- The S&P 500 is down 820.17 points, or 17.2 percent.
- The Dow is down 5,203.21 points, or 14.3 percent.
- The Nasdaq is down 3,925.29 points, or 25.1 percent.
- The Russell 2000 is down 406.85 points, or 18.1 percent.
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