AP

How major US stock indexes fared Friday 2/3/2023

Feb 3, 2023, 2:16 PM | Updated: 2:18 pm

Wall Street’s rally hit a wall after a surprisingly strong jobs report fueled worries about inflation and higher interest rates.

The S&P 500 fell 1% Friday, its first drop in four days, though it took an up-and-down route to get there. The bond market was more decisive in thinking the strong jobs data may push the Federal Reserve to get firmer on high interest rates, which hurt the economy and markets. Treasury yields zoomed higher.

Tech stocks also weighed on the market following profit reports that were weaker than expected.

On Friday:

The S&P 500 fell 43.28 points, or 1%, to 4,136.48.

The Dow Jones Industrial Average fell 127.93 points, or 0.4%, to 33,926.01.

The Nasdaq composite fell 193.86 points, or 1.6%, to 12,006.95.

The Russell 2000 index of smaller companies fell 15.69 points, or 0.8%, to 1,985.53.

For the week:

The S&P 500 is up 65.92 points, or 1.6%.

The Dow is down 52.07 points, or 0.2%.

The Nasdaq is up 385.24 points, or 3.3%.

The Russell 2000 is up 74.08 points, or 3.9%.

For the year:

The S&P 500 is up 296.98 points, or 7.7%.

The Dow is up 778.76 points, or 2.3%.

The Nasdaq is up 1,540.47 points, or 14.7%.

The Russell 2000 is up 224.29 points, or 12.7%.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

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.

8 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.

8 days ago

Israeli Prime Minister Benjamin Netanyahu, chairs the weekly cabinet meeting in Jerusalem, Sunday, ...

Associated Press

Israeli Cabinet approves cease-fire with Hamas; deal includes release of 50 hostages

Israel’s Cabinet on Wednesday approved a cease-fire deal with the Hamas militant group that would bring a temporary halt to a devastating war.

9 days ago

Republican presidential candidate and former President Donald Trump helps serve food to Texas Natio...

Associated Press

Trump receives endorsement from Texas Gov. Greg Abbott during a visit to a US-Mexico border town

Donald Trump picked up the Texas governor’s endorsement Sunday during a visit to a U.S.-Mexico border town.

11 days ago

Eric Trump, executive vice president of Trump Organization Inc., speaks to the media as he leaves f...

Associated Press

Lawyers in Trump’s civil fraud trial are ordered to clam up about judge’s communications with staff

Eric Trump testified Friday that he was relying on accountants to ensure the accuracy of financial statements.

27 days ago

Sponsored Articles

Follow @KTAR923...

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

Follow @KTAR923...

West Hunsaker at Morris Hall supports Make-A-Wish Foundation in Arizona

KTAR's Community Spotlight this month focuses on Morris Hall and its commitment to supporting the Make-A-Wish Foundation in Arizona.

...

Midwestern University

Midwestern University: innovating Arizona health care education

Midwestern University’s Glendale Campus near Loop 101 and 59th Avenue is an established leader in health care education and one of Arizona’s largest and most valuable health care resources.

How major US stock indexes fared Friday 2/3/2023