How major US stock indexes fared Thursday - InfoNews

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How major US stock indexes fared Thursday

February 07, 2019 - 1:58 PM

Stocks closed broadly lower Thursday as traders were discouraged by more disappointing news on the global economy and company profits.

Technology companies, health care stocks and banks led the way lower. The declines followed steeper losses in Europe, where the European Union slashed its forecast for economic growth in the 19 countries that use the euro.

On Thursday:

The S&P 500 fell 25.56 points, or 0.9 per cent, to 2,706.05.

The Dow Jones Industrial Average lost 220.77 points, or 0.9 per cent, to 25,169.53.

The Nasdaq composite slid 86.93 points, or 1.2 per cent, to 7,288.35.

The Russell 2000 index of smaller companies gave up 12.40 points, or 0.8 per cent, to 1,505.63.

For the week:

The S&P 500 is down 0.48 points, or 0.02 per cent.

The Dow is up 105.64 points, or 0.4 per cent.

The Nasdaq is up 24.48 points, or 0.3 per cent.

The Russell 2000 is up 3.57 points, or 0.2 per cent.

For the year:

The S&P 500 is up 199.20 points, or 7.9 per cent.

The Dow is up 1,842.07 points, or 7.9 per cent.

The Nasdaq is up 653.07 points, or 9.8 per cent.

The Russell 2000 is up 157.07 points, or 11.6 per cent.

News from © The Associated Press, 2019
The Associated Press

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