How Major US Stock Indexes Fared Tuesday Oct. 11, 2022
Stocks ended mostly lower after an afternoon hiccup on Wall Street as trading remains unsettled ahead of key reports on inflation and corporate earnings.
The S&P 500 fell 0.7 percent after wavering down, up, then back down again. The Nasdaq fell 1.1 percent and the Dow ended just barely in the green. The S&P 500 marked its fifth straight loss as worries grow that a recession may be looming.
The International Monetary Fund, a global lending agency, further stoked those fears when it cut its forecast for global growth next year to 2.7 percent, down from the 2.9 percent it estimated in July….