How Major US Stock Indexes Fared Tuesday Aug. 16, 2022
Stocks ended mostly higher on Wall Street Tuesday after another bumpy day as investors cautiously reviewed mostly encouraging financial results from major retailers.
The S&P 500 index wound up with a modest gain of 0.2 percent, while the tech-heavy Nasdaq fell. The Dow Jones Industrial Average rose, mostly due to gains in Walmart and Home Depot following encouraging financial updates.
Technology, health care and energy stocks fell, limiting the broader market’s advance.
On Tuesday (Aug. 16):
The S&P 500 rose 8.06 points, or 0.2 percent, to 4,305.20.
The Dow Jones Industrial Average rose 239.57 points, or 0.7 percent, to 34,152.01.
The Nasdaq fell 25.50 points, or 0.2 percent, to 13,102.55.
The Russell 2000 index of smaller companies fell 0.82 points, or less than 0.1 percent, to 2,020.53.
For the week:…