NEW YORK (AP) — U.S. stock indexes slipped to start 2025. The S&P 500 fell 0.2% Thursday, marking its first five-day losing streak since April. The Dow Jones Industrial Average fell 0.4% after giving up an early gain, and the Nasdaq composite lost 0.2%. Tesla skidded following its latest update on deliveries. Energy producers helped limit the market’s losses after prices rose for crude oil and natural gas. Treasury yields held relatively steady in the bond market following the latest encouraging report on the U.S. job market. Chinese stocks slumped after a report on factory activity there.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — Wall Street’s weak end to last year appears to be carrying into 2025, and U.S. stock indexes are slipping on Thursday.
The S&P 500 was down 0.5% in Thursday afternoon trading and on track to extend the four-day losing streak that dimmed the close of its stellar 2024. The main gauge of Wall Street’s health lost a gain of 0.9% from early in the morning and is heading toward its longest losing streak since April. ... more