Wall Street took a breather from its record-breaking rally, with U.S. stocks dipping from recent highs. The S&P 500 slipped 0.2% after a six-week winning streak, marking its longest stretch of the year. The Dow Jones lost 0.8%, retreating from Friday’s record peak, while the Nasdaq managed a 0.3% gain.
Meanwhile, crude oil prices bounced back after last week’s drop, and U.S. Treasury yields climbed. Stock markets in Europe mostly dipped, while Asian markets had mixed results.
Market’s Recap:
S&P 500: Down 10.69 points (-0.18%) to 5,853.98.
Dow Jones: Fell 344.31 points (-0.8%) to 43,931.60.
Nasdaq: Gained 50.45 points (+0.3%) to 18,540.
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Year-to-Date Gains:
|
Nasdaq
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+23.5%
|
|
S&P 500
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+22.7%
|
|
Dow Jones
|
+13.9%
|
|
Russel 2000
|
+10.5%
|
Despite Monday’s dip, the year has seen significant gains across major indexes, with the Nasdaq leading the charge.
