How major US stock indexes fared Wednesday 8/31/2022

Wall Street closed lower in another day of choppy trading, remaining on pace for a weekly loss after several days of declines.

Losses in technology and retail stocks outweighed gains in communications and other sectors. The S&P 500 lost nearly 1% Wednesday after wavering between gains and losses. The Dow Jones Industrial Average and Nasdaq composite also lost ground.

Bed Bath & Beyond lost almost a quarter of its value after announcing a major restructuring and a stock sale. The market closed August broadly lower after surging in July.

On Wednesday:

The S&P 500 fell 31.16 points, or 0.8%, to 3,955.

The Dow Jones Industrial Average fell 280.44 points, or 0.9%, to 31,510.43.

The Nasdaq fell 66.93 points, or 0.6%, to 11,816.20.

The Russell 2000 index of smaller companies fell 11.48 points, or 0.6%, to 1,844.12.

For the week:

The S&P 500 is down 102.66 points, or 2.5%.

The Dow is down 772.97 points, or 2.4%.

The Nasdaq is down 325.51 points, or 2.7%.

The Russell 2000 is down 55.72 points, or 2.9%.

For the year:

The S&P 500 is down 811.18 points, or 17%.

The Dow is down 4,827.87 points, or 13.3%.

The Nasdaq is down 3,828.77 points, or 24.5%.

The Russell 2000 is down 401.20 points, or 17.9%.

Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Related Categories:

Business & Finance

Like WTOP on Facebook and follow WTOP on Twitter and Instagram to engage in conversation about this article and others.

Get breaking news and daily headlines delivered to your email inbox by signing up here.

© 2022 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up