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HomeNewsHow the main US stock indices fared on Friday 8/19/2022

How the main US stock indices fared on Friday 8/19/2022

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News Tech: Technology stocks led Wall Street lower, leaving major indexes in the red for the week.

Meme stock Bed Bath & Beyond plunged after the high-profile activist investor Ryan Cohen confirmed that he’s sold his stake in the struggling retailer.

The benchmark S&P 500 index gave back 1.3% Friday, breaking a four-week winning streak. The tech-heavy Nasdaq composite fell even more. The Dow Jones Industrial Average also fell.

On Friday:

The Russell 2000 index of smaller companies fell 43.38 points, or 2.2%, to 1,957.35.

For the week: The S&P 500 is down 51.67 points, or 1.2%.

The Dow is down 54.31 points, or 0.2%. The Nasdaq is down 341.97 points, or 2.6%.

The Russell 2000 is down 59.27 points, or 2.9%. For the year:

The Nasdaq is down 2,939.76 points, or 18.8. The Russell 2000 is down 287.97 points, or 12.8%.

The Dow is down 2,631.56 points, or 7.2%. The S&P 500 is down 537.70 points, or 11.3.

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