How major US stock indexes fared Thursday 12/8/2022
Stocks closed higher on Wall Street but remain lower for the week after five straight losses
By The Associated Press
Published - Dec 08, 2022, 04:27 PM ET
Last Updated - Jun 23, 2023, 07:01 AM EDT
Stocks closed higher on Wall Street but remain lower for the week after five straight losses.
The S&P 500 rose 0.8% Thursday and the tech-heavy Nasdaq added 1.1%. The Dow Jones Industrial Average rose 0.5%. U.S. crude oil prices settled lower, marking their lowest point of the year.
Activision Blizzard fell 1.5% after the Federal Trade Commission said it is suing to block Microsoft’s planned $69 billion takeover of the video game company, saying it could suppress competitors to its Xbox game consoles.
On Thursday: