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January 26, 2023

Wall Street ends mixed after erasing big morning loss

By STAN CHOE
AP Business Writer

NEW YORK — Another roller-coaster day left Wall Street essentially where it began on Wednesday, after stocks veered on worries about how badly a slowing economy will hit corporate profits.

The S&P 500 finished virtually unchanged, but only after it tumbled to a morning loss of 1.7% and then roared all the way back. The Dow Jones Industrial Average erased a 460-point loss to finish up 9 points. The Nasdaq composite fell 0.2% after coming back from a 2.3% drop.


 
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