The stock market had a mixed performance on Friday, with the Dow Industrial Average down 157.50 points and the S&P index down 11.46 points, while the NASDAQ index rose 18.04 points. These movements are part of a broader downward trend observed in September and the third quarter (Q3) of 2023.
The Dow Industrial Average, S&P and NASDAQ posted losses in September and the third quarter. The Dow Jones fell -3.50%, the S&P fell -4.87% and the NASDAQ fell -5.81% in September. In the third quarter, these indexes also saw declines, with the Dow Jones falling -2.60%, the S&P index falling -3.65%, and the NASDAQ falling -4.12%.
Despite these recent losses, the year-to-date figures show a different picture, with all three indices recording gains. The Dow Jones rose 1.09%, the S&P rose 11.68% and the NASDAQ jumped 26.30%.
The fluctuating performance of these indices highlights the dynamic nature of financial markets, influenced by a range of factors from economic indicators to global events. As we approach the final quarter of 2023, investors will be closely monitoring these trends to gauge future market directions.
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