How major US stock indexes fared Tuesday 11/1/2022

Nov 1, 2022, 1:20 PM | Updated: 1:46 pm

Stocks gave up early gains and ended lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases.

Those high rates are intended to slow the economy, and the fear is the Fed may go too far and cause a recession. Several companies rose after reporting solid earnings or outlooks, including Pfizer and Uber. The S&P 500 fell 0.4% Tuesday. Long-term Treasury yields reversed course from an early slide and rose back near multiyear highs.

On Tuesday:

The S&P 500 fell 15.88 points, or 0.4%, to 3,856.10.

The Dow Jones Industrial Average fell 79.75 points, or 0.2%, to 32,653.20.

The Nasdaq fell 97.30 points, or 0.9%, to 10,890.85.

The Russell 2000 index of smaller companies rose 4.53 points, or 0.2%, to 1,851.39.

For the week:

The S&P 500 is down 44.96 points, or 1.2%.

The Dow is down 208.60 points, or 0.6%.

The Nasdaq is down 211.61 points, or 1.9%.

The Russell 2000 is up 4.47 points, or 0.2%.

For the year:

The S&P 500 is down 910.08 points, or 19.1%.

The Dow is down 3,685.10 points, or 10.1%.

The Nasdaq is down 4,754.13 points, or 30.4%.

The Russell 2000 is down 393.92 points, or 17.5%.

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 This material may not be published, broadcast, rewritten or redistributed.


Lead water pipes pulled from underneath the street are seen in Newark, N.J., Oct. 21, 2021. (AP Pho...

Associated Press

Biden to require cities to replace harmful lead pipes within 10 years

The Biden administration has previously said it wants all of the nation's roughly 9 million lead pipes to be removed, and rapidly.

16 hours ago

Dignitaries, including U.S. Secretary of the Interior Deb Haaland, center, break ground on the new ...

Associated Press

Work resumes on $10B renewable energy transmission project in southwestern Arizona despite tribal objections

Federal land managers briefly halted work on the SunZia transmission line earlier this month after Native American tribes raised concerns.

17 hours ago

Facebook's Meta logo sign is seen at the company headquarters in Menlo Park, Calif., on, Oct. 28, 2...

Associated Press

Meta shuts down thousands of fake Facebook accounts that were primed to polarize voters ahead of 2024

Meta said it removed 4789 Facebook accounts in China that targeted the United States before next year’s election.

18 hours ago

A demonstrator in Tel Aviv holds a sign calling for a cease-fire in the Hamas-Israel war on Nov. 21...

Associated Press

Hamas releases a third group of hostages as part of truce, and says it will seek to extend the deal

The fragile cease-fire between Israel and Hamas was back on track Sunday as the first American was released under a four-day truce.

5 days ago

Men look over the site of a deadly explosion at Al-Ahli Hospital in Gaza City, Wednesday, Oct. 18, ...

Associated Press

New AP analysis of last month’s deadly Gaza hospital explosion rules out widely cited video

The Associated Press is publishing an updated visual analysis of the deadly Oct. 17 explosion at Gaza's Al-Ahli Hospital.

9 days ago

Peggy Simpson holds a photograph of law enforcement carrying Lee Harvey Oswald's gun through a hall...

Associated Press

JFK assassination remembered 60 years later by surviving witnesses to history, including AP reporter

Peggy Simpson is among the last surviving witnesses who are sharing their stories as the nation marks the 60th anniversary.

9 days ago

Sponsored Articles


Dierdre Woodruff

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.


Desert Institute for Spine Care

Desert Institute for Spine Care (DISC) wants to help Valley residents address back, neck issues through awake spine surgery

As the weather begins to change, those with back issues can no longer rely on the dry heat to aid their backs. That's where DISC comes in.



Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.

How major US stock indexes fared Tuesday 11/1/2022