Stock Market Today: Wall Street Edges Lower Following Inflation Data, Drops for Disney, Banks

Stock Market Today: Wall Street Edges Lower Following Inflation Data, Drops for Disney, Banks
Traders work on the floor at the New York Stock Exchange in New York on Oct. 4, 2022. Seth Wenig/AP Photo
The Associated Press
Updated:

NEW YORK—Wall Street edged lower Thursday, weighed down by a sharp drop for The Walt Disney Co. and flaring fears about the health of some U.S. banks.

The S&P 500 lost 7.02 points, or 0.2 percent, to 4,130.62, with two out of every three stocks in the index falling. The Dow Jones Industrial Average lost 221.82, or 0.7 percent, to 33,309.51, while the Nasdaq composite rose 22.06, or 0.2 percent, to 12,328.51.