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Stock market sees mixed movements, indices record losses in September and Q3 2023
© Reuters.
The stock market witnessed a mixed performance on Friday, with the Dow Industrial Average dropping by 157.50 points and the S&P index declining by 11.46 points, while the NASDAQ index rose by 18.04 points. These movements come amidst a broader downtrend observed in September and the third quarter (Q3) of 2023.
The Dow Industrial Average, S&P index, and NASDAQ recorded losses in both September and Q3. The Dow fell by -3.50%, the S&P index slipped by -4.87%, and NASDAQ decreased by -5.81% in September. For Q3, these indices also experienced declines with the Dow dropping by -2.60%, the S&P index contracting by -3.65%, and NASDAQ falling by -4.12%.
Despite these recent losses, year-to-date figures show a different picture with all three indices recording gains. The Dow has risen by 1.09%, the S&P index has grown by 11.68%, and NASDAQ has surged by an impressive 26.30%.
The fluctuating performance of these indices underscores the dynamic nature of financial markets, influenced by a range of factors from economic indicators to global events. As we move into the last quarter of 2023, investors will be closely watching these trends to gauge future market directions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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