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U.S. STOCKS DROP AMID WAVE OF BANK EARNINGS REPORTS


TWITTER ZIGZAGS AFTER ELON MUSK DISCLOSES OFFER TO TAKE IT PRIVATE

STOCKS ON WALL STREET CLOSED HIGHER ON WEDNESDAY AS EARNINGS SEASON KICKED OFF.

Photo: Courtney Crow/Associated Press
By
Will Horner and
Corrie Driebusch
Updated April 14, 2022 5:32 pm ET

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U.S. stocks fell, with major indexes posting weekly losses, as investors worried
that soaring inflation and slowing growth are starting to affect businesses. 

The Dow industrials fell 113.36 points, or 0.3%, to close at 34451.23 Thursday.
The S&P 500 lost 54 points, or 1.2%, to 4392.59, a day after the broad index
advanced 1.1% to snap a three-day losing streak. The tech-focused Nasdaq
Composite dropped 292.51, or 2.1%, to 13351.08, a day after rising 2%.

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