How major US stock indexes fared Tuesday 8/23/2022

Aug 23, 2022, 1:25 AM | Updated: 1:27 pm

Stocks drifted to a mixed close on Wall Street, as steadying Treasury yields help calm the market following its worst tumble in months.

The S&P 500 slipped 0.2% Tuesday. It’s coming off Monday’s 2.1% drop, which came on the heels of its first losing week in the last five.

Volatility has returned to Wall Street following what had been a strong summer as worries rise about how aggressively the Federal Reserve will raise interest rates. Recent comments from Fed officials have cooled hopes for a less forceful Fed. Yields fell Tuesday following some weaker-than-forecast readings on the economy.

On Tuesday:

The S&P 500 fell 9.26 points, or 0.2%, to 4,128.73.

The Dow Jones Industrial Average fell 154.02 points, or 0.5%, to 32,909.59.

The Nasdaq fell 0.27 points, or less than 0.1%, to 12,381.30.

The Russell 2000 index of smaller companies rose 3.40 points, or 0.2%, to 1,919.14.

For the week:

The S&P 500 is down 99.75 points, or 2.4%.

The Dow is down 797.15 points, or 2.4%.

The Nasdaq is down 323.91 points, or 2.5%.

The Russell 2000 is down 38.20 points, or 2%.

For the year:

The S&P 500 is down 637.45 points, or 13.4%.

The Dow is down 3,428.71 points, or 9.4%.

The Nasdaq is down 3,263.67 points, or 20.9%.

The Russell 2000 is down 326.17 points, or 14.5%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

U.S. Secretary of State Antony Blinken and Pakistan's Foreign Minister Bilawal Bhutto-Zardari trade...
Associated Press

Washington announces more aid for floods-ravaged Pakistan

ISLAMABAD (AP) — The United States has boosted assistance to Pakistan’s flood relief efforts, announcing $10 million in aid, in addition to Washington’s already announced financial assistance of $56.1 million, Pakistan’s Foreign Ministry said Tuesday. Washington is the biggest contributor of aid to cash-strapped Pakistan, which has struggled to provide tents, food and other supplies […]
1 day ago
Flooded area due to Typhoon Noru in San Miguel town, Bulacan province, Philippines, Monday, Sept. 2...
Associated Press

Vietnam imposes curfew, evacuations ahead of Typhoon Noru

HANOI, Vietnam (AP) — Vietnam imposed a curfew and evacuated over 800,000 people as a powerful typhoon that had flooded villages and left at least eight dead in the Philippines aimed Tuesday for the country’s central region. People living near the coast where Typhoon Noru was expected to slam early Wednesday had been ordered to […]
1 day ago
An elderly woman casts her ballot during a referendum in Luhansk, Luhansk People's Republic control...
Associated Press

Voting to wrap up in Russia-held areas of Ukraine

KYIV, Ukraine (AP) — The final day of voting was taken place in Russian-held regions of Ukraine Tuesday, a referendum that is expected to serve as a pretext for their annexation by Moscow but that is rejected as a sham by Kyiv and its Western allies. The five-day voting, in which residents are asked whether […]
1 day ago
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headqu...
Associated Press

Asian shares mostly gain after Dow tumbles into bear market

Asian stocks were mostly higher on Tuesday after heavy selling on Wall Street put the Dow Jones Industrial Average into what’s known as a bear market. U.S. futures and oil prices gained. Tokyo, Sydney and Shanghai advanced while Hong Kong declined. The week started out with a bout of selling amid an extended slump for […]
1 day ago
FILE -  Silvio Berlusconi, leader of center-right, populist Forza Italia is flanked by his partner ...
Associated Press

He’s back! Italy’s Berlusconi wins Senate seat after tax ban

ROME (AP) — Just in time to celebrate his 86th birthday, former Italian premier Silvio Berlusconi is making his return to Italy’s parliament, winning a seat in the Senate nearly a decade after being banned from holding public office over a tax fraud conviction. Berlusconi, who has made personal comebacks a hallmark of Italian politics […]
1 day ago
Associated Press

Rangers look to stop slide in game against the Mariners

Texas Rangers (65-87, fourth in the AL West) vs. Seattle Mariners (83-69, second in the AL West) Seattle; Tuesday, 9:40 p.m. EDT PITCHING PROBABLES: Rangers: Jesus Tinoco (0-0, 1.72 ERA, .96 WHIP, 13 strikeouts); Mariners: Robbie Ray (12-10, 3.60 ERA, 1.16 WHIP, 201 strikeouts) BOTTOM LINE: The Texas Rangers, on a three-game losing streak, take […]
1 day ago

Sponsored Articles

Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
...

Anacortes – A Must Visit Summertime Destination

While Anacortes is certainly on the way to the San Juan Islands (SJI), it is not just a destination to get to the ferry… Anacortes is a destination in and of itself!
...

Ready for your 2022 Alaskan Adventure with Celebrity Cruises?

Celebrity Cruises SPONSORED — A round-trip Alaska cruise from Seattle is an amazing treat for you and a loved one. Not only are you able to see and explore some of the most incredible and visually appealing natural sights on the planet, but you’re also able to relax and re-energize while aboard a luxury cruise […]
How major US stock indexes fared Tuesday 8/23/2022