The major US indices closed the last day for stocks to settle in 2022 lower and near session lows for the day. All 11 sectors of the S&P closed down for the day, week and month. The Nasdaq led the declines with a fall of -1.35%. For the week the index is also the weakest 1/2 way through the week at -2.71%.
For the day:
- Dow Industrial Average felt -365.85 points or -1.10% at 32875.72
- S&P index fell -46.03 points or -1.20% at 3783.23
- NASDAQ index fell -139.93 points or -1.35% at 10213.30
- Russell 2000 fell -27.49 points or -1.57% at 1722.02
Apple shares reached new 52 week lows and lows going back to June 2021. The price is closing at $126.05. Period for the year, Apple shares are now down -29.01%
Looking at the S&P sectors, the worst performers were:
- energy sector -2.22%
- information -1.64%
- real estate -1.60%
- communication services -1.51%
- materials -1.49%
The best of the worst was the financials sector which fell -0.42% today.
With more than half of the week over:
- Dow Industrial Average is down -0.99%
- S&P index is down -1.6%
- NASDAQ index is down -2.71%
