How major US stock indexes fared Friday, 9/6/2024

Another rout hit Wall Street, leaving the market with its worst week in 18 months, after a jobs report billed as the most important of the year came in weak enough to keep worries high about the economy.

The S&P 500 fell 1.7% Friday. Broadcom, Nvidia and other tech companies led the market lower as worries continue that prices soared too high in the boom around artificial intelligence. That dragged the Nasdaq composite down 2.6%. The Dow Jones Industrial Average dropped 1%.

Treasury yields tumbled, recovered and then fell again after the jobs report showed employers hired fewer workers in August than expected.

On Friday:

The S&P 500 fell 94.99 points, or 1.7%, to 5,408.42.

The Dow Jones Industrial Average fell 410.34 points, or 1%, to 40,345.41.

The Nasdaq composite fell 436.83 points, or 2.6%, to 16,690.83.

The Russell 2000 index of smaller companies fell 40.65 points, or 1.9%, to 2,091.41.

For the week:

The S&P 500 is down 239.98 points, or 4.2%.

The Dow is down 1,217.67 points, or 2.9%.

The Nasdaq is down 1,022.79 points, or 5.8%.

The Russell 2000 is down 126.23 points, or 5.7%.

For the year:

The S&P 500 is up 638.59 points, or 13.4%.

The Dow is up 2,655.87 points, or 7%.

The Nasdaq is up 1,679.48 points, or 11.2%.

The Russell 2000 is up 64.33 points, or 3.2%.