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U.S. stock indexes were mixed Tuesday, but there were some sharp divisions within them. Raw-material producers plunged on worries that inflation and weaker demand are eating into their profits. On the opposite end were technology stocks and other sectors, which recovered some of the sharp losses caused by last week’s rapid rise in interest rates.
On Tuesday:
The S&P 500 index fell 4.09 points, or 0.1 per cent, to 2,880.34.
The Dow Jones Industrial Average fell 56.21, or 0.2 per cent, to 26,430.57.
The Nasdaq composite added 2.07, less than 0.1 per cent, to 7,738.02.
The Russell 2000 index gave up 7.65, or 0.5 per cent, to 1,621.87.
For the week:
The S&P 500 is down 5.23 points, or 0.2 per cent.
The Dow is down 16.48 points, or 0.1 per cent.
The Nasdaq is down 50.43 points, or 0.6 per cent.
The Russell 2000 is down 10.25 points, or 0.6 per cent.
For the year:
The S&P 500 is up 206.73 points, or 7.7 per cent.
The Dow is up 1,711.35 points, or 6.9 per cent.
The Nasdaq is up 834.62 points, or 12.1 per cent.
The Russell 2000 is up 86.35 points, or 5.6 per cent.
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