Skip to Content
AP National Business

Stocks end lower on Wall Street after another volatile day

<i></i><br/>
KMIZ

By
Published 3:13 PM

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks closed lower on Wall Street Tuesday after another volatile day of trading. Technology companies like Microsoft were again the biggest drag on the market. The S&P 500 gave up 1.2%, but clawed back much of a midday drop after being down as much as 2.8%. The index has been falling steadily all month and is now down 9.2% from the record high it set on the first trading day of the year. The Nasdaq fell 2.3%. Markets have been jittery over rising inflation and worries that the Federal Reserve’s actions to fight it will either be too late or too aggressive.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content