SWS Market Update - May 19, 2022
U.S. stocks finished lower on Thursday as investors continue to worry about the well-being of the economy. The S&P 500 fell 0.58% to close at 3900.79 and is getting close to being in a bear market. The Dow Jones Industrial Average dropped 0.75% to close at 31253.13 and the Nasdaq Composite went down 0.26% to close at 11388.50. Economic Reports Initial jobless claims for the week ending May 14 increased from 197,000 to 218,000, higher than expected at 200,000. Continuing joble