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How Major US Stock Indexes Fared Wednesday

How Major US Stock Indexes Fared Wednesday

Most U.S. stocks rose Wednesday following an encouraging start to whats expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down.

Most U.S. stocks rose Wednesday following an encouraging start to whats expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down.

The S&P 500 fell 0.4%, easing below the record high it set a day earlier. The tech-heavy Nasdaq lost 1% but the Russell 2000, which tracks smaller companies, climbed 0.8%. Shares of Coinbase Global surged in their market debut as more mainstream investors embrace cryptocurrencies. Crude oil prices rose sharply on expectations that a resurgent economy will consume more energy.

On Wednesday:

The S&P 500 fell 16.93 points, or 0.4%, to 4,124.66.

The Dow Jones Industrial Average rose 53.26 points, or 0.2%, to 33,730.89.

The Nasdaq fell 138.26 points, or 1%, to 13,857.84.

The Russell 2000 index of smaller companies rose 18.79 points, or 0.8% to 2,247.72.

For the week:

The S&P 500 is down 4.14 points, or 0.1%.

The Dow is down 69.71 points, or 0.2%.

The Nasdaq is down 42.35 points, or 0.3%.

The Russell 2000 is up 4.24 points, or 0.2%.

For the year:

The S&P 500 is up 368.59 points, or 9.8%.

The Dow is up 3,124.41 points, or 10.2%.

The Nasdaq is up 969.56 points, or 7.5%.

The Russell 2000 is up 272.86 points, or 13.8%.

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first published:April 15, 2021, 01:55 IST