S&P 500 caps off dismal year with worst loss since 2008 financial crisis
CBSN
Stocks are closing out 2022 with more losses, giving the S&P 500 its worst year since 2008.
The benchmark index fell 10 points, or 0.3% to close at 3,840, leaving it down 19.4% for the year — its worst loss since the financial crisis 14 years ago.
The Dow Jones Industrial Average fell 74 points, or 0.2%, to 33,147. The Nasdaq composite fell 0.1%, ending the year with an annual loss of 33%. The index has fared much worse this year because it is heavily made up of technology stocks that have been leading the broader market slump.
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This story previously aired on June 15, 2024.It was updated on April 12, 2025.
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The Trump administration plans to release new documents on former Sen. Robert F. Kennedy's 1968 assassination in the coming days, Director of National Intelligence Tulsi Gabbard said Thursday, bringing fresh attention to a killing that has drawn public fascination for decades.
WASHINGTON — An American intelligence assessment of the Ecuadorian presidential election, set for Sunday, concluded that a reelection of the incumbent president would better serve U.S. national security interests over the challenger. The assessment comes as the Trump administration mulls establishing a permanent U.S. military presence in the South American country, once known as the "island of peace," to help battle violent gangs, CBS News has learned.
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