How major US stock indexes fared Tuesday

Mar 22, 2022, 1:23 PM | Updated: 2:08 pm

Stocks closed higher on Wall Street Tuesday and oil prices eased as investors remained focused on the outlook for inflation.

Banks helped drive the gains, along with technology and retailer stocks. Energy stocks slipped as oil prices fell. Bond yields continued to rise a day after Federal Reserve Chair Jerome Powell said the central bank was prepared to move more aggressively in raising interest rates in its fight against inflation, if it needed to.

On Tuesday:

The S&P 500 rose 50.43 points, or 1.1%, to 4,511.61.

The Dow Jones Industrial Average rose 254.47 points, or 0.7%, to 34,807.46.

The Nasdaq rose 270.36 points, or 2%, to 14,108.82.

The Russell 2000 index of smaller companies rose 22.41 points, or 1.1%, to 2,088.34.

For the week:

The S&P 500 is up 48.49 points, or 1.1%.

The Dow is up 52.53 points, or 0.2%.

The Nasdaq is up 214.98 points, or 1.5%.

The Russell 2000 is up 2.20 points, or 0.1%.

For the year:

The S&P 500 is down 254.57 points, or 5.3%.

The Dow is down 1,530.84 points, or 4.2%.

The Nasdaq is down 1,536.15 points, or 9.8%.

The Russell 2000 is down 156.97 points, or 7%.

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 This material may not be published, broadcast, rewritten or redistributed.


Arizona will not approve new housing construction on the fast-growing edges of metro Phoenix that r...

Associated Press

Arizona Senate passes plan to manage rural groundwater, but final success is uncertain

A plan to manage rural groundwater passed the Arizona Senate amid concerns about the availability of sufficient water for future generations.

2 hours ago

A woman pauses while shopping at a Kohl's store in Clifton, N.J., Jan. 26, 2024. On Thursday, Feb. ...

Associated Press

Federal Reserve’s preferred inflation gauge picked up last month in sign of still-elevated prices

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month.

22 hours ago

This undated image provided by Mikel Desmond shows his brother Marcus Tessier, who turned up in Dem...

Associated Press

Missing teen with autism found in New Mexico, about 200 miles away from his Arizona home

A missing teen with autism has been found in New Mexico — about 200 miles away from his home in southern Arizona.

23 hours ago

A newly released report on last year’s fatal crash involving a pickup truck and a group of bicycl...

Associated Press

Report suggests steering of vehicle that caused fatal Goodyear bicycle crash worked fine

A new report on last year’s fatal Goodyear bicycle crash has cast doubts about the driver’s claim the vehicle’s steering locked up.

2 days ago

Israeli Embassy...

Associated Press

US airman dies after setting himself ablaze outside Israeli Embassy in Israel-Hamas war protest

An active-duty member of the U.S. Air Force has died after he set himself ablaze outside the Israeli Embassy in Washington, D.C.

4 days ago

Biden and Trump to visit Mexico border Thursday immigration...

Associated Press

Biden and Trump both plan trips to the Mexico border Thursday, dueling for advantage on immigration

President Joe Biden and former President Donald Trump will make dueling trips to the U.S-Mexico border on Thursday.

4 days ago

Sponsored Articles


DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.


Canvas Annuity

Interest rates may have peaked. Should you buy a CD, high-yield savings account, or a fixed annuity?

Interest rates are the highest they’ve been in decades, and it looks like the Fed has paused hikes. This may be the best time to lock in rates for long-term, low-risk financial products like fixed annuities.

How major US stock indexes fared Tuesday