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The Kerulos Learning Institute

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085 Maglie Calcio Basso Prezzo Kourtn 38951

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Stocks closed broadly lower on Wall Street, capping a day of declines worldwide, after discouraging data... View more

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Stocks closed broadly lower on Wall Street, capping a day of declines worldwide, after discouraging data on China raised worries about the global economy. The S&P 500 fell 1.2% Tuesday after reports indicated a deepening slump for the world´s second-largest economy.

The Dow dropped roughly 361 points, and the Nasdaq sank 1.1%. A separate report on the U.S. economy showed sales growth at retailers accelerated last month. That raises hopes the U.S. economy can avoid a recession. But in a downside for markets, it also heightens the threat that the Federal Reserve will keep interest rates high for longer to snuff out inflation. On Tuesday: The S&P 500 fell 51.86 points, or 1.2%, to 4,437.86. The Dow Jones Industrial Average fell 361.24 points, or 1%, to 34,946.39. The Nasdaq composite fell 157.28 points, or 1.1%, to 13,631.05. The Russell 2000 index of smaller companies fell 24.74 points, or 1.3%, to 1,895.75. For the week: The S&P 500 is down 26.19 points, or 0.6%. The Dow is down 335.01 points, or 1%. The Nasdaq is down 13.80 points, barcelona drakt or 0.1%. The Russell 2000 is down 29.36 points, or 1.5%. For the year: The S&P 500 is up 598.36 points, or 15.6%. The Dow is up 1,799.14 points, or 5.4%. The Nasdaq is up 3,164.56 points, or 30.2%. The Russell 2000 is up 134.51 points, or 7.6%.

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