The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 4.81 to 410.50 Wednesday.
"Equities sold off in afternoon trading to close out the month of February in front of Senate Banking Committee testimony today by Federal Reserve Chairman Jerome Powell," said Leon Lants, managing director at Stephens Inc. in Little Rock. "Energy shares underperformed the broader market."
Total volume for the index was 34.9 million shares.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 03/01/2018