How major US stock indexes fared Tuesday 10/25/2022

How major US stock indexes fared Tuesday 10/25/2022

Stocks closed higher at Wall Street, marking the third consecutive gain for the S&P 500.

Since mid-September, the benchmark had not been able to post more than two consecutive gains. Tuesday’s gains were due to increased company earnings reports. The S&P 500 gained 1.6%. The Dow Jones Industrial Average grew 1.1%, while the Nasdaq climbed 2.3%. Stocks of small-sized companies did even better.

General Motors grew after delivering solid results. Crown Holdings, a packaging maker, fell sharply after its latest earnings missed expectations. Treasury yields continue to fall from multi-year highs.

On Tuesday:

The S&P 500 rose 61. 77 points, or 1.6%, to 3,859.11.

The Dow Jones Industrial Average rose 337. 12 points, or 1.1%, to 31,836.74.

The Nasdaq rose 246. 50 points, or 2.3%, to 11,199.12.

The Russell 2000 index of smaller companies rose 47. 76 points, or 2.7%, to 1,796.16.

For the year:

The S&P 500 is up 106. 36 points, or 2.8%.

The Dow is up 754. 18 points, or 2.4%.

The Nasdaq is up 339. 40 points, or 3.1%.

The Russell 2000 is up 53. 92 points, or 3.1%.

For the year:

The S&P 500 has fallen 907. 07 points, or 19%.

The Dow is down 4,501. 56 points, or 12.4%.

The Nasdaq is down 4,445. 86 points, or 28.4%.

The Russell 2000 is down 449. 16 points, or 20%.

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