AP

How major US stock indexes fared Thursday 7/7/2022

Jul 7, 2022, 1:25 AM | Updated: 1:39 pm

Stocks rallied again on Wall Street Thursday, and the S&P 500 is closing out a fourth straight gain.

The benchmark S&P 500 is now on its longest winning streak since March. Most of the market climbed, and energy-producing companies led the way after oil prices recovered a chunk of their sharp losses from earlier in the week.

The bond market is still showing signs of worry about a possible recession, though. A report on Thursday showed more workers filed for unemployment benefits last week than expected. A report on Friday will show more broadly how the jobs market is doing.

On Thursday:

The S&P 500 rose 57.54 points, or 1.5%, to 3,902.62.

The Dow Jones Industrial Average rose 346.87 points, or 1.1%, to 31,384.55.

The Nasdaq rose 259.49 points, or 2.3%, to 11,621.35.

The Russell 2000 index of smaller companies rose 42.06 points, or 2.4%, to 1,769.60.

For the week:

The S&P 500 is up 77.29 points, or 2%.

The Dow is up 287.29 points, or 0.9%.

The Nasdaq is up 493.50 points, or 4.4%.

The Russell 2000 is up 41.85 points, or 2.4%.

For the year:

The S&P 500 is down 863.56 points, or 18.1%.

The Dow is down 4,953.75 points, or 13.6%.

The Nasdaq is down 4,023.62 points, or 25.7%.

The Russell 2000 is down 475.71 points, or 21.2%.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Image: Members of the Makah Indian tribe paddle away from the rising sun as they head from Neah Bay...

Associated Press

Washington’s Makah Tribe clears major hurdle toward resuming traditional whale hunts

The U.S. granted the Makah Indian Tribe a long-sought waiver that helps clear the way for its first sanctioned whale hunts since 1999.

20 hours ago

jerry west...

Tim Reynolds, The Associated Press

Jerry West, a 3-time Hall of Fame selection and the NBA logo, dies at 86

Jerry West, a three-time Basketball Hall of Fame inductee whose silhouette is considered to be the basis of the NBA logo, died Wednesday morning.

2 days ago

Photo: Construction vehicles are parked outside of the Station U & O building on Tuesday, June 11, ...

Haleluya Hadero, The Associated Press

Amazon adds $1.4B to affordable housing fund for regions where it has corporate offices

Amazon is adding $1.4B to a fund for building more affordable housing in regions where the company has major corporate offices.

3 days ago

hunter biden...

Randall Chase and the Associated Press

Hunter Biden convicted of all 3 felony charges in federal gun trial

Hunter Biden has been convicted of all three felony charges related to the purchase of a revolver in 2018, but no sentencing date was set.

3 days ago

Photo: A Bremerton man who made 20 "swatting" calls around the U.S. and in Canada, prompting real e...

Associated Press

Bremerton man sentenced for 20 ‘swatting’ calls of false threats in US, Canada

A Bremerton man who made 20 "swatting" calls around the U.S. and in Canada, prompting real emergency responses, has been sentenced.

4 days ago

Image: U.S. Secretary of Defense Lloyd Austin, left, speaks with Ukraine's President Volodymyr Zele...

Associated Press

Ukraine uses US weapons to strike inside Russia, a Western official tells AP

Ukraine has used U.S weapons to strike inside Russia in recent days, according to a Western official familiar with the matter told the AP.

9 days ago

How major US stock indexes fared Thursday 7/7/2022