Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April.
The S&P 500 slipped 0.3% Thursday for a third straight drop, and the Dow Jones Industrial Average fell 0.5%. The Nasdaq composite held up better than the rest of the market and rose 0.3% thanks to gains for Tesla and a handful of other Big Tech stocks.
Treasury yields eased a bit ahead of a highly anticipated report on Friday. That’s when the U.S. government will release its latest update on the job market.
On Thursday:
The S&P 500 fell 16.66 points, or 0.3%, to 5,503.41.
The Dow Jones Industrial Average fell 219.22 points, or 0.5%, to 40,755.75.
The Nasdaq composite rose 43.36 points, or 0.3%, to 17,127.66.
The Russell 2000 index of smaller companies fell 13.16 points, or 0.6%, to 2,132.05.
For the week:
The S&P 500 is down 144.99 points, or 2.6%.
The Dow is down 807.33 points, or 1.9%.
The Nasdaq is down 585.96 points, or 3.3%.
The Russell 2000 is down 85.58 points, or 3.9%.
For the year:
The S&P 500 is up 733.58 points, or 15.4%.
The Dow is up 3,066.21 points, or 8.1%.
The Nasdaq is up 2,116.31 points, or 14.1%.
The Russell 2000 is up 104.98 points, or 5.2%.
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