How major US stock indexes fared Wednesday

Dec 15, 2021, 2:28 PM | Updated: 2:47 pm

Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation.

The S&P 500 shook off an early loss to close higher. The Dow Jones Industrial Average and the Nasdaq also rose.

On Wednesday:

The S&P 500 rose 75.76 points, or 1.6%, to 4,709.85.

The Dow Jones Industrial Average rose 383.25 points, or 1.1%, to 35,927.43.

The Nasdaq rose 327.94 points, or 2.2%, to 15,565.58.

The Russell 2000 index of smaller companies rose 35.56 points, or 1.6%, to 2,195.21.

For the week:

The S&P 500 is down 2.17 points, or less than 0.1%.

The Dow is down 43.56 points, or 0.1%.

The Nasdaq is down 65.02 points, or 0.4%.

The Russell 2000 is down 16.60 points, or 0.8%.

For the year:

The S&P 500 is up 953.78 points, or 25.4%.

The Dow is up 5,320.95 points, or 17.4%.

The Nasdaq is up 2,677.30 points, or 20.8%.

The Russell 2000 is up 220.35 points, or 11.2%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

NASA satellite breaks from orbit around Earth, heads to moon

WELLINGTON, New Zealand (AP) — A satellite the size of a microwave oven successfully broke free from its orbit around Earth on Monday and is headed toward the moon, the latest step in NASA’s plan to land astronauts on the lunar surface again. It’s been an unusual journey already for the Capstone satellite. It was […]
5 hours ago
Associated Press

It’s a new era for funding on both sides of abortion debate

NEW YORK (AP) — The Supreme Court’s overturning of Roe v. Wade has ushered in a new era of funding on both sides of the abortion debate. With the legality of abortion now up to individual states to determine, an issue long debated by legislators and philanthropists — when it was largely theoretical because only […]
5 hours ago
Associated Press

Top NGO calls Switzerland ‘safe haven’ for Russian oligarchs

LUGANO, Switzerland (AP) — A leading Swiss nongovernmental group on Monday called out Switzerland as a “safe haven” for Russian oligarchs and as a trading hub for Russian oil, grain and coal. Public Eye urged the Swiss executive branch to “use all levers at its disposal to stop the financing of this inhuman aggression,” in […]
5 hours ago
Some 25 tractors parked outside a distribution center for supermarket chain Albert Heijn during a b...
Associated Press

Dutch farmers block entrances to supermarket warehouses

ZAANDAM, Netherlands (AP) — Dutch farmers angry at government plans to slash emissions used tractors and trucks Monday to blockade supermarket distribution centers, the latest actions in a summer of discontent in the country’s lucrative agricultural sector. The Netherlands’ busiest aviation hub, Schiphol Airport, urged travelers to use public transport to get to its terminals […]
5 hours ago
Associated Press

Iran TV: Sandstorm shuts offices, schools in Tehran, region

TEHRAN, Iran (AP) — Schools and government offices closed in Iran’s capital and several other cities in the country on Monday, after yet another sandstorm blanketed Tehran and the surrounding region. State-run TV warned of poor air quality and advised the elderly, those sick and children to take precautions. Banks and the Tehran Stock Exchange […]
5 hours ago
FILE - Xiao Jianhua, a Chinese-born Canadian billionaire talks to reporters outside the Internation...
Associated Press

Canadian government: Tycoon in China due to stand trial

BEIJING (AP) — A Chinese-born Canadian tycoon is being put on trial in China, Canada’s government said Monday, five years after he vanished from Hong Kong during an anti-corruption crackdown. Xiao Jianhua was due to stand trial Monday, a government statement said. It said Canadian diplomats were “monitoring this case closely” and provided unspecified services […]
5 hours ago

Sponsored Articles

...
Dr. Richard Carmona

Great news: Children under 5 can now get COVID-19 vaccine

After more than two years of battle with an invisible killer, we can now vaccinate the youngest among us against COVID-19. This is great news.
...
CANVAS ANNUITY

Best retirement savings rates hit 4.30%

Maximize your retirement savings with guaranteed fixed rates up to 4.30%. Did you know there is a financial product that can give you great interest rates as you build your retirement savings and provide you with a paycheck for life once you retire? It might sound too good to be true but it is not; this product is called an annuity.
...
Carla Berg, MHS, Deputy Director, Public Health Services, Arizona Department of Health Services

ADHS mobile program brings COVID-19 vaccines and boosters to Arizonans

The Arizona Department of Health Services and partner agencies are providing even more widespread availability by making COVID-19 vaccines available in neighborhoods through trusted community partners.
How major US stock indexes fared Wednesday