How major US stock indexes fared Tuesday 8/30/2022

Aug 30, 2022, 1:22 PM | Updated: 1:54 pm

Stocks fell again on Wall Street, posting their third loss in a row as traders worry that high interest rates are here to stay for a while.

The S&P 500 fell 1.1% Tuesday, bringing its loss in the past three days to 5.1%. The Dow Jones Industrial Average and the Nasdaq also fell. Energy companies fell along with sliding crude oil prices. Technology stocks and industrial companies were also weak.

Best Buy was a bright spot, gaining ground after reporting results for its latest quarter that were much better than analysts were expecting. The yield on the 10-year Treasury held steady.

On Monday:

The S&P 500 fell 44.45 points, or 1.1%, to 3,986.16.

The Dow Jones Industrial Average fell 308.12 points, or 1%, to 31,790.87.

The Nasdaq fell 134.53 points, or 1.1%, to 11,883.14.

The Russell 2000 index of smaller companies fell 27.35 points, or 1.5%, to 1,855.59.

For the week:

The S&P 500 is down 71.50 points, or 1.8%.

The Dow is down 492.53 points, or 1.5%.

The Nasdaq is down 258.57 points, or 2.1%.

The Russell 2000 is down 44.24 points, or 2.3%.

For the year:

The S&P 500 is down 780.02 points, or 16.4%.

The Dow is down 4,547.43 points, or 12.5%.

The Nasdaq is down 3,761.83 points, or 24%.

The Russell 2000 is down 389.72 points, or 17.4%.

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 This material may not be published, broadcast, rewritten or redistributed.


(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.
4 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.
12 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.
12 days ago
Tom Brundy points to a newly built irrigation canal on one of the fields at his farm Tuesday, Feb. ...
Associated Press

Southwest farmers reluctant to idle farmland to save water

There is a growing sense that fallowing will have to be part of the solution to the increasingly desperate drought in the West.
19 days ago
A young bison calf stands in a pond with its herd at Bull Hollow, Okla., on Sept. 27, 2022. The cal...
Associated Press

US aims to restore bison herds to Native American lands after near extinction

U.S. officials will work to restore more large bison herds to Native American lands under a Friday order from Interior Secretary Deb Haaland.
19 days ago
(Photo: OCD & Anxiety Treatment Center)...
Sponsored Content by OCD & Anxiety Treatment Center

Here's what you need to know about OCD and where to find help

It's fair to say that most people know what obsessive-compulsive spectrum disorders generally are, but there's a lot more information than meets the eye about a mental health diagnosis that affects about one in every 100 adults in the United States.

Sponsored Articles

(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
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.
(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
How major US stock indexes fared Tuesday 8/30/2022