How major US stock indexes fared Monday 10/24/2022

Oct 24, 2022, 1:19 AM | Updated: 1:44 pm

Stocks shook off an early bout of unsettled trading and ended higher ahead of a heavy week of earnings from big tech companies.

Alphabet, Amazon, Apple and Facebook parent Meta are all reporting their latest results this week, as are Coca-Cola and General Motors. The S&P 500 rose 1.2% Monday. The Nasdaq and the Dow Jones Industrial Average also rose.

Markets in Europe gained ground and U.K. government bonds rallied as Treasury chief Rishi Sunak became assured of becoming the prime minster, replacing Liz Truss, who quit last week after her tax-cutting economic package caused turmoil in financial markets.

On Monday:

The S&P 500 rose 44.59 points, or 1.2%, to 3,797.34.

The Dow Jones Industrial Average rose 417.06 points, or 1.3%, to 31,499.62.

The Nasdaq rose 92.90 points, or 0.9%, to 10,952.61.

The Russell 2000 index of smaller companies rose 6.16 points, or 0.4%, to 1,748.40.

For the year:

The S&P 500 is down 968.84 points, or 20.3%.

The Dow is down 4,838.68 points, or 13.3%.

The Nasdaq is down 4,692.36 points, or 30%.

The Russell 2000 is down 496.92 points, or 22.1%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

(AP Photo/Paula Bronstein, File)...
Associated Press

Inslee touts new housing program for Spokane’s homeless

Washington Gov. Jay Inslee was in Spokane Monday to preview the opening of a new housing project for homeless people, calling the Catalyst Project a step toward ending the state’s homelessness crisis.
9 hours ago
FILE - Ramesh "Sunny" Balwani, right, the former lover and business partner of Theranos CEO Elizabe...
Associated Press

Holmes’ former partner faces sentencing in Theranos case

A former Theranos executive learns Wednesday whether he will be punished as severely as his former lover and business partner for peddling the company’s bogus blood-testing technology that duped investors and endangered patients. The sentencing for Ramesh “Sunny” Balwani, who was convicted in July of fraud and conspiracy, comes less than three weeks after Elizabeth […]
1 day ago
Supporters of Argentine Vice President Cristina Fernandez, a former president, rally outside the co...
Associated Press

Argentina awaits VP Cristina Fernandez corruption verdict

BUENOS AIRES, Argentina (AP) — All eyes in Argentina were on federal court on Tuesday, where three judges prepared to announce their verdict in the corruption trial of Vice President Cristina Fernández de Kirchner. She’s accused of running a criminal organization and fraudulently directing about $1 billion in public works projects during her presidency to […]
1 day ago
Associated Press

Former Nazi camp secretary voices regret, seeks acquittal

BERLIN (AP) — Lawyers for a 97-year-old former secretary to the SS commander of Nazi Germany’s Stutthof concentration camp asked Tuesday for their client to be acquitted, arguing that she didn’t know about the atrocities committed at the camp located in what is now northern Poland. Irmgard Furchner has been on trial for over a […]
1 day ago
Light illuminates part of the Supreme Court building at dusk on Capitol Hill in Washington, Wednesd...
Associated Press

EXPLAINER: How Supreme Court case could alter US House seats

Partisan gerrymandering is back before the U.S. Supreme Court in a case stemming from the latest attempt by North Carolina’s Republican-led legislature to draw U.S. House districts favoring GOP candidates. The question justices will consider Wednesday is whether state courts can rely on their state constitutions — as the North Carolina Supreme Court did — […]
1 day ago
A smoke rises from an oil depot struck by Turkish air force near the town of Qamishli, Syria, Wedne...
Associated Press

Turkish missiles used in Syria include Europe-produced parts

BEIRUT (AP) — Commercial brakes produced by a Dutch company to be used in ambulances in Turkey instead ended up in missiles used by Turkey in attacks in northeastern Syria, a report released Tuesday said. Between September 2021 and June 2022, field investigators with London-based Conflict Armament Research analyzed the remnants of 17 air-to-surface missiles […]
1 day ago

Sponsored Articles

Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
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.
How major US stock indexes fared Monday 10/24/2022