Wall Street Review: Stocks Fall for 5th Week; Dow, Nasdaq Slip Into Correction

Date:

Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt/Getty ImagesU.S. stocks declined for a fifth consecutive week, marking the longest losing streak since 2022, as higher oil prices, elevated Treasury yields, and renewed concerns about the disruptive impact of artificial intelligence (AI) on the technology sector reduced investor appetite for risk assets. Both the Dow Jones Industrial Average and the Nasdaq Composite fell into correction territory—about 10 percent below their recent peaks.For the week, the Dow fell by 0.90 percent to 45,166, ending at its weekly low. The S&P 500 dropped by 2.12 percent to 6,368, also closing near the low of the week. The Nasdaq suffered the steepest loss, falling by 3.23 percent, while the Russell 2000 managed a modest 0.42 percent gain.

spot_imgspot_imgspot_img

Share post:

More like this
Related

China Confirms Purchase of 200 Boeing Jets in New US Trade Agreement

A Boeing 737-800 of China United Airlines prepares to...

Hyundai Recalls More Than 54,000 Elantra Vehicles Over Fire Risk in Power Control Unit

The new Hyundai Elantra is presented at the 2015...

How Major US Stock Indexes Fared May 20

The U.S. stock market bounced back after pressure eased...

What to Know About the Ral Castro Indictment

The U.S. Department of Justice unsealed an indictment on...