How major US stock indexes fared Friday

May 6, 2022, 1:33 PM | Updated: 2:02 pm

The stock market ended an unusually turbulent week with its fifth straight weekly decline.

The bumpy and mostly lower ride came as investors worry that the Federal Reserve may not succeed in engineering a smooth cooldown of the economy without letting inflation get out of hand. The Fed is aggressively moving to yank supports for the economy put in place through the pandemic. That has helped send bond yields, which influence mortgage rates, to the highest levels since 2018, and they’re sure to move higher.

On Friday:

The S&P 500 fell 23.53 points, or 0.6%, to 4,123.34.

The Dow Jones Industrial Average fell 98.60 points, or 0.3%, to 32,899.37.

The Nasdaq fell 173.03 points, or 1.4%, to 12,144.66.

The Russell 2000 index of smaller companies fell 31.58 points, or 1.7%, to 1,839.56.

For the week:

The S&P 500 is down 8.59 points, or 0.2%.

The Dow is down 77.84 points, or 0.2%.

The Nasdaq is down 189.98 points, or 1.5%.

The Russell 2000 is down 24.54 points, or 1.3%.

For the year:

The S&P 500 is down 642.84 points, or 13.5%.

The Dow is down 3,438.93 points, or 9.5%.

The Nasdaq is down 3,500.31 points, or 22.4%.

The Russell 2000 is down 405.75 points, or 18.1%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

(Facebook Photo/Superior Court of Arizona in Yavapai County)...
Associated Press

Arizona judge has cases reassigned following DUI arrest

The Arizona Supreme Court has ruled that all cases currently assigned to a Yavapai County Superior Court judge recently arrested on suspicion of extreme DUI will be reassigned to other judges.
22 hours ago
Haitian migrant Gerson Solay, 28, carries his daughter, Bianca, as he and his family cross into Can...
Associated Press

US, Canada to end loophole that allows asylum-seekers to move between countries

President Joe Biden and Canadian Prime Minister Justin Trudeau on Friday announced a plan to close a loophole to an immigration agreement.
4 days ago
Expert skateboarder Di'Orr Greenwood, an artist born and raised in the Navajo Nation in Arizona and...
Associated Press

Indigenous skateboard art featured on new stamps unveiled at Phoenix skate park

The Postal Service unveiled the “Art of the Skateboard" stamps at a Phoenix skate park, featuring designs from Indigenous artists.
4 days ago
(Facebook Photo/City of San Luis, Arizona)...
Associated Press

San Luis authorities receive complaints about 911 calls going across border

Authorities in San Luis say they are receiving more complaints about 911 calls mistakenly going across the border.
10 days ago
(Pexels Photo)...
Associated Press

Daylight saving time begins in most of US this weekend

No time change is observed in Hawaii, most of Arizona, Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam and the Northern Marianas.
18 days ago
Mexican army soldiers prepare a search mission for four U.S. citizens kidnapped by gunmen in Matamo...
Associated Press

How the 4 abducted Americans in Mexico were located

The anonymous tip that led Mexican authorities to a remote shack where four abducted Americans were held described armed men and blindfolds.
18 days ago

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
(Desert Institute for Spine Care photo)...
DESERT INSTITUTE FOR SPINE CARE

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
How major US stock indexes fared Friday