U.S. stocks and the price of gold fell, as momentum on Wall Street reverses.
The S&P 500 sank 0.5% Wednesday, though it’s still not far below the all-time high it set earlier this month. The Dow Jones Industrial Average dropped 0.7%, from its record set the day before, while the Nasdaq composite fell 0.9%.
Netflix helped drag the market lower after reporting a profit that fell short of forecasts. Beyond Meat added more wild swings to its meme-stock run, and the price of gold sank for a second straight day from its record. Stock indexes were mixed across Europe and Asia.
On Wednesday:
The S&P 500 fell 35.95 points, or 0.5%, to 6,699.40.
The Dow Jones Industrial Average fell 334.33 points, or 0.7%, to 46,590.41.
The Nasdaq composite fell 213.27 points, or 0.9%, to 22,740.40.
The Russell 2000 index of smaller companies fell 36.13 points, or 1.5%, to 2,451.55.
For the week:
The S&P 500 is up 35.39 points, or 0.5%.
The Dow is up 399.80 points, or 0.9%.
The Nasdaq is up 60.42 points, or 0.3%.
The Russell 2000 is down 0.62 points, or less than 0.1%.
For the year:
The S&P 500 is up 817.77 points, or 13.9%.
The Dow is up 4,046.19 points, or 9.5%.
The Nasdaq is up 3,429.60 points, or 17.8%.
The Russell 2000 is up 221.39 points, or 9.9%.
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LittleFoot said:
Liberals are always trying to "protect us from ourselves" instead of actually making anything better.
LittleFoot said:
Social Media has been a cancer to society. Full stop.
LittleFoot said:
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