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How major US stock indexes fared Wednesday

The Associated Press
·1 min read

Technology companies dragged U.S. stocks sharply lower Wednesday as Wall Street's tumultuous month continues to churn.

The latest losses erased the S&P 500's gains from a day earlier and deepened the benchmark index’s September slide to 7.5% after a five-month rally.

Worries about a potential second wave of COVID-19 cases, doubt that lawmakers in Washington will reach a deal on another economic stimulus bill and uncertainty about the election have contributed to stocks’ losses this month.

On Wednesday:

The S&P 500 fell 78.65 points, or 2.4%, to 3,236.92.

The Dow Jones Industrial Average lost 525.05 points, or 1.9%, to 26,763.13.

The Nasdaq composite slid 330.65 points, or 3%, to 10,632.99.

The Russell 2000 index of small company stocks gave up 45.50 points, or 3%, to 1,451.46.

For the week:

The S&P 500 is down 82.55 points, or 2.5%.

The Dow is down 894.29 points, or 3.2%.

The Nasdaq is down 160.30 points, or 1.5%.

The Russell 2000 is down 85.32 points, or 5.6%.

For the year:

The S&P 500 is up 6.14 points, or 0.2%.

The Dow is down 1,775.31 points, or 6.2%.

The Nasdaq is up 1,660.38 points, or 18.5%.

The Russell 2000 is down 217.01 points, or 13%.