Overview

• The S&P 500 fell 0.6% to 5,888.55, the Dow Jones lost 244.95 points (0.6%) to 42,098.70 and the Nasdaq composite dropped 0.5% to 19,100.94 on Wednesday.
• The S&P 500 and Nasdaq composite notched weekly advances of 1.5% and 1.9%, respectively, while the Dow rose 1.2% over the last five trading days.
• The Russell 2000 index of smaller companies slid 1.1% on Wednesday but still gained 1.4% for the week.
• Abercrombie & Fitch shares jumped after the retailer beat profit and revenue forecasts, while Macy’s experienced volatile swings on similar earnings results.
• Year-to-date, the S&P 500 is up 0.1%, while the Dow, Nasdaq and Russell 2000 remain down 1%, 1.1% and 7.3%, respectively.