Stock Market Today – 5/12: Stocks End Mixed As Crypto Market Wobbles, Growth Concerns Weigh

Updated at 4:15 pm EST

Stocks ended mixed Thursday, pulling the Dow into its sixth consecutive daily slump, as investors continue to shed risk assets in markets around the world on renewed concerns that central bank tightening, as well as surging inflation, will blunt growth prospects for the global economy.

The Dow Jones Industrial Average ended down 103 points, or 0.33%, at 31,729, while the S&P 500 lost 0.13% after earlier setting a fresh 52-week low.

The tech-heavy Nasdaq, which has been battered recently, finished up 0.06%.

Source link

Leave a Reply