How major US stock indexes fared Friday

The inventory marketplace ended an strangely turbulent week with its 5th instantly weekly decline

The bumpy and most commonly decrease journey got here as traders concern that the Federal Reserve won’t reach engineering a easy cooldown of the financial system with out letting inflation get out of hand. The Fed is aggressively transferring to yank helps for the financial system installed position during the pandemic. That has helped ship bond yields, which affect loan charges, to the easiest ranges since 2018, and so they’re certain to transport upper.

On Friday:

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

The Dow Jones Commercial Reasonable fell 98.60 issues, or 0.3%, to 32,899.37.

The Nasdaq fell 173.03 issues, or 1.4%, to twelve,144.66.

The Russell 2000 index of smaller firms fell 31.58 issues, or 1.7%, to at least one,839.56.

For the week:

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

The Dow is down 77.84 issues, or 0.2%.

The Nasdaq is down 189.98 issues, or 1.5%.

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

For the yr:

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

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

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

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

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