Stock indexes ended mixed on Wall Street Wednesday after another bumpy day of trading.
Netflix lost more than a third of its value after reporting its first subscriber loss in more than a decade and predicting more grim times ahead. IBM jumped and helped give the Dow a bump after after reporting results that beat analysts’ estimates.
The S&P 500 fell 2.76 points, or 0.1%, to 4,459.45.
The Dow Jones Industrial Average rose 249.59 points, or 0.7%, to 35,160.79.
The Nasdaq fell 166.59 points, or 1.2%, to 13,453.07.
The Russell 2000 index of smaller companies rose 7.42 points, or 0.4%, to 2,038.19.
For the week:
The S&P 500 is up 66.86 points, or 1.5%.
The Dow is up 709.56 points, or 2.1%.
The Nasdaq is up 101.99 points, or 0.8%.
The Russell 2000 is up 33.21 points, or 1.7%.
For the year:
The S&P 500 is down 306.73 points, or 6.4%.
The Dow is down 1,177.51 points, or 3.2%.
The Nasdaq is down 2,191.91 points, or 14%.
The Russell 2000 is down 207.13 points, or 9.2%.