How major US stock indexes fared Tuesday 12/13/2022

Dec 12, 2022, 11:20 PM | Updated: Dec 13, 2022, 1:33 pm

Stocks closed higher on Wall Street after the government reported that inflation cooled more than expected last month, cementing expectations that the Federal Reserve is about to dial down the size of its interest rate hikes.

The Fed is widely expected to raise its benchmark rate a half-point Wednesday, smaller than the past four mega-increases of three-quarters of a point. The S&P 500 rose 0.7% Tuesday, the Nasdaq rose 1% and the Dow rose 0.3%. Treasury yields fell sharply.

On Tuesday:

The S&P 500 rose 29.09 points, or 0.7%, to 4,019.65.

The Dow Jones Industrial Average rose 103.60 points, or 0.3%, to 34,108.64.

The Nasdaq rose 113.08 points, or 1%, to 11,256.81.

The Russell 2000 index of smaller companies rose 13.75 points, or 0.8%, to 1,832.36.

For the week:

The S&P 500 is up 85.27 points, or 2.2%.

The Dow is up 632.18 points, or 1.9%.

The Nasdaq is up 252.20 points, or 2.3%.

The Russell 2000 is up 35.70 points, or 2%.

For the year:

The S&P 500 is down 746.53 points, or 15.7%.

The Dow is down 2,229.66 points, or 6.1%.

The Nasdaq is down 4,388.16 points, or 28%.

The Russell 2000 is down 412.95 points, or 18.4%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

The logo for OpenAI, the maker of ChatGPT, appears on a mobile phone, in New York, Tuesday, Jan. 31...
Associated Press

Cheaters beware: ChatGPT maker releases AI detection tool

ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help detect if artificial intelligence wrote it
1 day ago
Police officers escort Andrew Tate, right, handcuffed to his brother Tristan Tate, to the Court of ...
Associated Press

Andrew Tate to appeal second 30-day detention

BUCHAREST, Romania (AP) — Andrew Tate, the divisive influencer and former professional kickboxer who is detained in Romania on suspicion of organized crime and human trafficking appeared at a court in Bucharest on Wednesday to appeal against a second 30-day extension of his detention. Tate, 36, a British-U.S. citizen who has nearly 5 million followers […]
1 day ago
In this photo provided by the Department of Fire and Emergency Services, its members search for a r...
Associated Press

Radioactive capsule that fell off truck found in Australia

PERTH, Australia (AP) — Authorities in Western Australia on Wednesday recovered a tiny but dangerous radioactive capsule that fell off a truck while being transported along a 1,400-kilometer (870-mile) highway last month in what an official said was like finding the needle in the haystack. Officials said the capsule the size of a pea was […]
1 day ago
FILE - Anti-coup protesters hold up signs as they march in Mandalay, Myanmar Sunday, March 14, 2021...
Associated Press

Myanmar resistance steadfast against army rule 2 years later

BANGKOK (AP) — The prospects for peace in Myanmar, much less a return to democracy, seem dimmer than ever two years after the army seized power from the elected government of Aung San Suu Kyi, experts say. On Wednesday, legions of opponents of military rule heeded a call by protest organizers to stay home in […]
1 day ago
Rescue workers and people gather at the site of Monday's suicide bombing after authorities finished...
Associated Press

Peshawar, the city of flowers, becomes epicenter of violence

PESHAWAR, Pakistan (AP) — Pakistan’s Peshawar was once known as “the city of flowers,” surrounded by orchards of pear, quince and pomegranate trees. It was a trading city, situated at the gates of a key mountain valley connecting South and Central Asia. But for the past four decades, it has borne the brunt of rising […]
1 day ago
This undated photo provided by the Grants Pass Police Department shows Benjamin Obadiah Foster. Fos...
Rio Yamat and Andrew Selsky, Associated Press

Oregon kidnap suspect previously released the day he arrived at prison

A man at the center of an intense police search in Oregon after a violent kidnapping last week was released from custody in October 2021 by Nevada prison officials on the same day he was transferred to the state's custody to serve a kidnapping sentence, authorities said Monday.
1 day ago

Sponsored Articles

safety from crime...

As crime increases, our safety measures must too

It's easy to be accused of fearmongering regarding crime, but Seattle residents might have good reason to be concerned for their safety.
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.
How major US stock indexes fared Tuesday 12/13/2022