How major US stock indexes fared Tuesday 5/9/2023

Wall Street dipped after mixed earnings reports. Stocks are still roughly at the same level they have been for over a month.

The Dow Jones Industrial Average dropped 56 points or 0.2%, while the S&P 500 lost 0.5%. The Nasdaq dropped 0.6%.

The market's next major milestone will be the report of Wednesday on inflation. It has decreased but is still high. The Federal Reserve could decide the next interest rate move based on this report. Politicians are meeting in Washington on Tuesday to discuss ways to prevent a U.S. default on its debt.


The S&P500 fell by 18.95 points or 0.5% to 4,119.17.

The Dow Jones Industrial Average dropped 56.88 points or 0.2% to 33,561.81.

The Nasdaq Composite fell 77.36, or 0.6%, to 12,179.55.

Russell 2000, an index of smaller companies, fell by 4.79 points (0.3%) to 1,749.68.

This week's theme:

The S&P500 is down 17.08 point, or 0.4%.

Dow Jones is down by 112.57 points or 0.3%.

The Nasdaq has dropped 55.86 points or 0.5%.

Russell 2000 down 10.20 points or 0.6%

The year:

The S&P500 is up by 279.67 points or 7.3%.

The Dow has gained 414.56 points or 1.3%.

The Nasdaq has gained 1,713.07 or 16.4%.

Russell 2000 down 11.57 points, or 0.7%