From Dow Jones & Company: 2025-05-05 13:27:00

The S&P 500’s winning streak since 2004 was at risk on Monday, while the Dow was set to extend its streak to 10 days. Despite 266 stocks in the S&P 500 rising, the index was down 0.3%. The Dow, up 0.2%, benefits from weighting by stock price, not market cap.

UnitedHealth Group’s 1.9% gain had a greater impact on the Dow than Apple’s 2.3% decline due to the index’s stock price weighting. The market benchmark was down 0.3% with most stocks rising, while the Dow was up 0.2% with only half of its members on the rise. The Nasdaq Composite dropped 0.4%.



Read more at Dow Jones & Company: S&P 500 Could Snap Longest Winning Streak in Over 20 Years