S&P 500 Risks Snapping a Winning Streak
From Dow Jones & Company: 2025-05-19 14:39:00
The S&P 500 was at risk of ending its winning streak, trading below breakeven in the final hour and a half. The market benchmark was down 0.1%, dropping 1% at the open before recovering. Wall Street mostly ignored the Moody’s downgrade of U.S. sovereign debt.
The Dow rose 77 points, up 0.2%, with UnitedHealth stock rebounding and adding 130 points to the index. However, the Nasdaq was down 0.2% amidst the mixed trading day on Monday.
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