(Sharecast News) - Wall Street stocks closed lower on Friday as major indices wrapped up a brutal quarter with further losses.
At the close, the Dow Jones Industrial Average was up down 1.71% at 28,725.51, while the S&P 500 and the Nasdaq-100 were both 1.51% weaker at 3,585.62 and 10,575.62, respectively.
The Dow closed 500.10 points lower on Friday, extending losses recorded in the previous session as market participants continued to be concerned about future rate-hiking decisions from the Federal Reserve and the resulting impact on stocks.
With September drawing to a close, both the Dow Jones and S&P 500 were down more than 7% for the month - the worst monthly performance for the blue-chip Dow Jones since March 2020 and the biggest one-month decline for the S&P 500 since June. The Nasdaq, meanwhile, was on track for its steepest monthly loss since April.
On the macro front, last month's personal consumption expenditure price index increased 0.3% month-on-month, according to the Bureau of Economic Analysis, with prices for goods dropping 0.3% and prices for services increasing 0.6% month-on-month.
Elsewhere, personal income rose by 0.3% from a month earlier in August, the same pace as in July and in line with market expectations, while personal spending rose 0.4% month-on-month, beating market forecasts of a 0.2% gain.
Finally, the University of Michigan's consumer sentiment index was revised lower to 58.6 in September, down from a preliminary reading of 59.5 but still above the 58.2 recorded in August.
No major corporate earnings were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Dowdupont Inc. (DWDP) $0.00 0.00%
Honeywell International Inc. (HON) $0.00 0.00%
Walgreens Boots Alliance, Inc. (WBA) $31.40 -0.48%
Dow Chemical Co. (DOW) $43.93 -0.52%
Merck & Co. Inc. (MRK) $86.12 -0.60%
Johnson & Johnson (JNJ) $163.36 -0.71%
Unitedhealth Group Inc. (UNH) $505.61 -0.74%
Chevron Corp. (CVX) $143.67 -0.76%
Home Depot Inc. (HD) $275.94 -0.86%
Travelers Company Inc. (TRV) $153.20 -0.96%
Dow Jones - Fallers
Nike Inc. (NKE) $83.12 -12.81%
Boeing Co. (BA) $121.31 -3.39%
Walt Disney Co. (DIS) $94.33 -3.20%
Apple Inc. (AAPL) $138.20 -3.00%
International Business Machines Corporation (CDI) (IBM) $118.81 -2.32%
Intel Corp. (INTC) $25.77 -2.31%
American Express Co. (AXP) $134.91 -2.09%
Salesforce.Com Inc. (CRM) $143.95 -2.02%
Microsoft Corp. (MSFT) $232.90 -1.94%
Walmart Inc. (WMT) $129.78 -1.93%
S&P 500 - Risers
Nektar Therapeutics (NKTR) $3.20 5.26%
Weyerhaeuser Co. (WY) $28.56 2.92%
National Oilwell Varco Inc. (NOV) $16.18 2.80%
Equifax Inc. (EFX) $171.10 2.59%
Sl Green Realty Corp. (SLG) $40.08 2.58%
Twitter Inc (TWTR) $43.84 2.57%
Digital Realty Trust (DLR) $99.15 2.34%
Extra Space Storage (EXR) $172.71 2.30%
Public Storage (PSA) $292.81 1.85%
Fluor Corp. (FLR) $24.88 1.84%
S&P 500 - Fallers
Carnival Corp. (CCL) $7.03 -23.25%
Norwegian Cruise Line Holdings Ltd (NCLH) $11.36 -18.04%
Royal Caribbean Cr (RCL) $37.90 -13.15%
Nike Inc. (NKE) $83.12 -12.81%
Under Armour Inc. Class A (UAA) $6.65 -9.77%
Under Armour, Inc. (UA) $5.96 -8.31%
AbbVie Inc (ABBV) $134.21 -5.96%
J.B. Hunt Transport Services Inc. (JBHT) $156.42 -5.36%
Foot Locker Inc. (FL) $31.10 -4.80%
Travel + Leisure Co (TNL) $34.12 -4.59%
Nasdaq 100 - Risers
Western Digital Corp. (WDC) $32.55 1.15%
Biogen Inc (BIIB) $267.00 1.03%
NetEase Inc. Ads (NTES) $75.60 0.56%
Trip.com Group Limited (TCOM) $27.31 0.48%
Take-Two Interactive Software Inc. (TTWO) $109.00 0.39%
Ross Stores Inc. (ROST) $84.27 0.29%
Micron Technology Inc. (MU) $50.10 0.18%
Incyte Corp. (INCY) $66.64 0.05%
Alexion Pharmaceuticals Inc. (ALXN) $0.00 0.00%
Xilinx Inc. (XLNX) $0.00 0.00%
Nasdaq 100 - Fallers
J.B. Hunt Transport Services Inc. (JBHT) $156.42 -5.36%
Qurate Retail Inc. (QRTEA) $2.01 -5.19%
Skyworks Solutions Inc. (SWKS) $85.27 -4.47%
Comcast Corp. (CMCSA) $29.33 -3.61%
Mondelez International Inc. (MDLZ) $54.83 -3.25%
Apple Inc. (AAPL) $138.20 -3.00%
Paypal Holdings Inc (PYPL) $86.07 -2.97%
Charter Communications Inc. (CHTR) $303.35 -2.96%
Applied Materials Inc. (AMAT) $81.93 -2.95%
Asml Holdings N.V. (ASML) $415.35 -2.91%