How major US stock indexes fared Friday 11/4/2022

Nov 4, 2022, 1:25 PM | Updated: 1:35 pm

Stocks closed higher on Wall Street after another day of uncertain trading as markets weighed the latest reading on the jobs market and what it means for interest rates and the odds of a recession.

The S&P 500 rose 1.4% Friday after giving up a bigger gain earlier in the day. The swings followed a government report showing the unemployment rate ticked higher in October. That could take some pressure off the nation’s high inflation, if not as quickly as the Federal Reserve hoped.

Stocks in Asia rallied on continued speculation that China may relax its strict anti-COVID measures. Treasury yields eased.

On Friday:

The S&P 500 rose 50.66 points, or 1.4%, to 3,770.55.

The Dow Jones Industrial Average rose 401.97 points, or 1.3%, to 32,403.22.

The Nasdaq rose 132.31 points, or 1.3%, to 10,475.25.

The Russell 2000 index of smaller companies rose 20.14 points, or 1.1%, to 1,799.87.

For the week:

The S&P 500 is down 130.51 points, or 3.3%.

The Dow is down 458.58 points, or 1.4%.

The Nasdaq is down 627.20 points, or 5.6%.

The Russell 2000 is down 47.06 points, or 2.5%.

For the year:

The S&P 500 is down 995.63 points, or 20.9%.

The Dow is down 3,935.08 points, or 10.8%.

The Nasdaq is down 5,169.72 points, or 33%.

The Russell 2000 is down 445.45 points, or 19.8%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Queen Margrethe attends the Danish Parliament's celebration of her 50th Regent's Anniversary...
Associated Press

Danish queen to undergo ‘major back surgery’

COPENHAGEN, Denmark (AP) — Denmark’s Queen Margrethe II, whose half-century reign makes her Europe’s longest-serving monarch, will undergo “major back surgery” later this month, the royal palace said Wednesday. The 82-year-monarch will be hospitalized afterward and undergo “a longer rehabilitation process,” the royal household said in a statement. “During a long period, Her Majesty has […]
10 hours ago
Associated Press

Blaze at US drone plant in Latvia; arson not suspected

HELSINKI (AP) — Firefighters worked for a second day Wednesday to fully extinguish a blaze at a U.S. company’s drone plant in Latvia, as police said no indications of sabotage have been found so far. Latvia’s State Fire and Rescue Service was alerted Tuesday afternoon that a fire had broken out at Edge Autonomy’s drone […]
10 hours ago
FILE - People walk past a Microsoft office in New York on Nov. 10, 2016.  (AP Photo/Swayne B. Hall,...
Associated Press

Microsoft’s Activision deal hurts gamers, UK watchdog says

LONDON (AP) — Microsoft’s stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom, where the antitrust watchdog said Wednesday that it will stifle competition and hurt gamers. Britain’s Competition and Markets Authority said its in-depth investigation found that the deal could strengthen Microsoft’s position […]
10 hours ago
FILE - The Container ship Cam Cgm Arctic (MT) is moored at Maersk APM Terminals Pacific, Pier 400, ...
Associated Press

Shipper Maersk reports most profitable year, warns of drop

COPENHAGEN, Denmark (AP) — The world’s biggest shipper, Denmark’s A.P. Moeller-Maersk, said Wednesday that 2022 was its most profitable year in “the history of the company” but warned that a plunge in container volumes and freight rates would lead to a drop in earnings this year. Full-year revenue increased by 32%, to $81.5 billion from […]
10 hours ago
Lindsay McDonald holds up a photo she took of an orb over central Montana that's believed to be a s...
Associated Press

US, states weigh farmland restrictions after Chinese balloon

HARLOWTON, Mont. (AP) — Near the banks of Montana’s Musselshell River, cattle rancher Michael Miller saw a large, white orb above the town of Harlowton last week, a day before U.S. officials revealed they were tracking a suspected Chinese spy balloon over the state. The balloon caused a stir in the 900-person town surrounded by […]
10 hours ago
Associated Press

Russia seeks lengthy prison term for ex-governor

MOSCOW (AP) — Russian authorities on Wednesday requested a lengthy prison term for a former regional governor who is standing trial on murder charges and whose arrest two years ago prompted weeks-long mass protests. The prosecutor has asked a court in the Moscow region to sentence Sergei Furgal, former governor of Russia’s far eastern Khabarovsk […]
10 hours ago

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.
...
Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
(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 Friday 11/4/2022