How major US stock indexes fared Wednesday

The Associated Press
Posted 9/23/20

Technology companies dragged U.S. stocks sharply lower Wednesday as Wall Street's tumultuous month continues to churn.

The latest losses erased the S&P 500's gains from a day earlier and deepened …

To Our Valued Readers –

Visitors to our website will be limited to five stories per month unless they opt to subscribe.

For $5.99, less than 20 cents a day, subscribers will receive unlimited access to the website, including access to our Daily Independent e-edition, which features Arizona-specific journalism and items you can’t find in our community print products, such as weather reports, comics, crossword puzzles, advice columns and so much more six days a week.

Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.

Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.

Sincerely,
Charlene Bisson, Publisher, Independent Newsmedia

Please log in to continue

Log in
I am anchor

How major US stock indexes fared Wednesday

Posted

Technology companies dragged U.S. stocks sharply lower Wednesday as Wall Street's tumultuous month continues to churn.

The latest losses erased the S&P 500's gains from a day earlier and deepened the benchmark index’s September slide to 7.5% after a five-month rally.

Worries about a potential second wave of COVID-19 cases, doubt that lawmakers in Washington will reach a deal on another economic stimulus bill and uncertainty about the election have contributed to stocks’ losses this month.

On Wednesday:

The S&P 500 fell 78.65 points, or 2.4%, to 3,236.92.

The Dow Jones Industrial Average lost 525.05 points, or 1.9%, to 26,763.13.

The Nasdaq composite slid 330.65 points, or 3%, to 10,632.99.

The Russell 2000 index of small company stocks gave up 45.50 points, or 3%, to 1,451.46.

For the week:

The S&P 500 is down 82.55 points, or 2.5%.

The Dow is down 894.29 points, or 3.2%.

The Nasdaq is down 160.30 points, or 1.5%.

The Russell 2000 is down 85.32 points, or 5.6%.

For the year:

The S&P 500 is up 6.14 points, or 0.2%.

The Dow is down 1,775.31 points, or 6.2%.

The Nasdaq is up 1,660.38 points, or 18.5%.

The Russell 2000 is down 217.01 points, or 13%.

Comments