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S&P 500 snaps 9-session winning streak, closes down 0.6%

Markets stumbled again on Monday after an extended rally from the selloff incurred by Trump's tariffs.

On May 5, 2025, the winning streak of the major U.S. stock indexes came to an end as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced declines. The S&P 500 fell by 0.5%, the Dow Jones Industrial Average dropped by 0.7%, and the Nasdaq Composite decreased by 0.4%. This downturn was influenced by a combination of factors, including rising Treasury yields, disappointing corporate earnings reports, and ongoing concerns about inflation and potential interest rate hikes. Despite the day's losses, market analysts remain cautiously optimistic, citing strong economic fundamentals and the potential for continued growth in the coming months.

Read the Full Fortune Article at:
https://fortune.com/2025/05/05/stock-market-today-sp500-dow-nasdaq-winning-streak-ends/