How major US stock indexes fared Wednesday, 8/30/2023
Stocks closed modestly higher on Wall Street, chipping away at the market’s losses for August.
Treasury yields fell Wednesday after some weaker-than expected readings on the U.S. economy and job market.
The S&P 500 rose 0.4%, its fourth gain in a row. It’s still down 1.6% for August, with one trading day left in the month. The Dow Jones Industrial Average added 37 points, or 0.1%, and the Nasdaq composite rose 0.5%.
On Wednesday:
The S&P 500 rose 17.24 points, or 0.4%, to 4,514.87.
The Dow Jones Industrial Average rose 37.57 points, or 0.1%, to 34,890.24.
The Nasdaq composite rose 75.55 points, or 0.5%, to 14,019.31.
The Russell 2000 index of smaller companies rose 7.67 points, or 0.4%, to 1,903.21.
For the week:
The S&P 500 is up 109.16 points, or 2.5%.
The Dow is up 543.34 points, or 1.6%.
The Nasdaq is up 428.66 points, or 3.2%.
The Russell 2000 is up 49.58 points, or 2.7%.
For the year:
The S&P 500 is up 675.37 points, or 17.6%.
The Dow is up 1,742.99 points, or 5.3%.
The Nasdaq is up 3,552.83 points, or 33.9%.
The Russell 2000 is up 141.97 points, or 8.1%.