U.S. stocks close lower-Xinhua

U.S. stocks close lower

Source: Xinhua

Editor: huaxia

2026-05-05 04:21:45

NEW YORK, May 4 (Xinhua) -- U.S. stocks ended lower on Monday.

The Dow Jones Industrial Average fell by 557.37 points, or 1.13 percent, to 48,941.90. The S&P 500 sank 29.37 points, or 0.41 percent, to 7,200.75. The Nasdaq Composite Index shed 46.64 points, or 0.19 percent, to 25,067.80.

Ten of the 11 primary S&P 500 sectors ended in the red, with materials and industrials leading the laggards by losing 1.57 percent and 1.17 percent, respectively. Meanwhile, energy bucked the trend by rising 0.85 percent.