How main US inventory indexes fared Wednesday 1/25/2023
Shares shook off an early slide and wound up little modified as worries about company earnings weighed in the marketplace.
The S&P 500 ended barely decrease and the Dow ended barely larger. The Nasdaq fell. The combined end got here after the S&P 500 roared again from a morning lack of 1.7%.
Massive swings have been widespread as markets work by way of competing concepts. Worries are rising about weakening earnings and an financial system bending underneath rate of interest hikes, however there are additionally hopes the financial system can keep away from a extreme recession and that the Federal Reserve will take it simpler on charges.
The S&P 500 fell 0.73 factors, or lower than 0.1%, to 4,016.22.
The Dow Jones Industrial Common rose 9.88 factors, or lower than 0.1%, to 33,743.84.
The Nasdaq composite fell 20.91 factors, or 0.2%, to 11,313.36.
The Russell 2000 index of smaller firms rose 4.71 factors, or 0.2%, to 1,890.32.
For the week:
The S&P 500 is up 43.61 factors, or 1.1%.
The Dow is up 368.35 factors, or 1.1%.
The Nasdaq is up 172.92 factors, or 1.6%.
The Russell 2000 is up 22.98 factors, or 1.2%.
For the 12 months:
The S&P 500 is up 176.72 factors, or 4.6%.
The Dow is up 596.59 factors, or 1.8%.
The Nasdaq is up 846.87 factors, or 8.1%.
The Russell 2000 is up 129.07 factors, or 7.3%.