How major US stock indexes fared Friday 7/8/2022

Jul 8, 2022, 1:30 AM | Updated: 1:38 pm

Wall Street is closing out a winning week with a sputtering finish on Friday, as stocks waffled following a stronger-than-expected report on the U.S. jobs market.

The S&P 500 closed slightly lower after flipping between small gains and losses throughout the day.

A surprisingly strong jobs report showed that employers are continuing to hire despite worries about a possible recession. But the data also likely keeps the Federal Reserve on track to raise interest rates sharply. Treasury yields rose. Despite its weak finish, the S&P 500 delivered just its third winning week in the last 14.

On Friday:

The S&P 500 fell 3.24 points, or 0.1%, to 3,899.38.

The Dow Jones Industrial Average fell 46.40 points, or 0.1%, to 31,388.15.

The Nasdaq rose 13.96 points, or 0.1%, to 11,635.31.

The Russell 2000 index of smaller companies fell 0.24 points, or less than 0.1%, to 1,769.36.

For the week:

The S&P 500 is up 74.05 points, or 1.9%.

The Dow is up 240.89 points, or 0.8%.

The Nasdaq is up 507.46 points, or 4.6%.

The Russell 2000 is up 41.61 points, or 2.4%.

For the year:

The S&P 500 is down 866.80 points, or 18.2%.

The Dow is down 5,000.15 points, or 13.8%.

The Nasdaq is down 4,009.66 points, or 25.6%.

The Russell 2000 is down 475.95 points, or 21.2%.

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 This material may not be published, broadcast, rewritten or redistributed.


moore redmond washington...

Mark Sherman, The Associated Press

The Supreme Court upholds a tax on foreign income over a challenge backed by business interests

The court ruled in the case of Charles and Kathleen Moore, of Redmond, Washington after they challenged a $15,000 tax bill.

18 minutes ago

Image:The New York Giants' Willie Mays poses for a photo during baseball spring training in 1972. M...

Associated Press

Willie Mays, Giants’ electrifying ‘Say Hey Kid,’ dies at 93

Willie Mays, whose singular combination of talent, drive and exuberance made him one of baseball’s greatest players, has died. He was 93.

2 days ago

Image: This photo provided by the Washington Department of Ecology shows a derailed BNSF train on t...

Associated Press

Judge orders BNSF to pay Washington tribe nearly $400M for trespassing with oil trains

BNSF Railway must pay the sum to a Native American tribe in Washington after it ran 100-car trains with crude oil on the tribe's reservation.

3 days ago

Photo: In this photo provided by Tieanna Joseph Cade, an amusement park ride is shown stuck with 30...

Associated Press

Crews rescue 28 people trapped upside down high on Oregon amusement park ride

Emergency crews in Oregon rescued 28 people after they were stuck dangling upside down high on a ride at a century-old amusement park.

3 days ago

juneteenth shooting texas...

Associated Press

2 killed and 6 wounded in shooting during a Juneteenth celebration in a Texas park

A shooting in a Texas park left two people dead and six wounded, including two children, on Saturday, authorities said.

4 days ago

Photo: Israeli soldiers drive a tank near the Israeli-Gaza border, in southern Israel, Wednesday, J...

Jack Jeffery, The Associated Press

8 Israeli soldiers killed in southern Gaza in deadliest attack on Israeli forces in months

An explosion in Gaza killed eight Israeli soldiers, the military said Saturday, making it the deadliest attack on Israeli forces in months.

5 days ago

How major US stock indexes fared Friday 7/8/2022