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May 20, 08:01 PM
S&P 500 Ends Six-Day Streak, Falls 0.39% Amid Tech Sector Decline
Stocks
Business
Tech

S&P 500 Ends Six-Day Streak, Falls 0.39% Amid Tech Sector Decline

Authors
  • Reuters
  • CNBC
  • MarketWatch
12

The S&P 500 ended its six-day winning streak on May 20, 2025, closing down 0.39% at 5,939.30. The Dow Jones Industrial Average also declined, finishing the day down 0.31% at 42,660.29, while the Nasdaq Composite saw a decrease of 0.40%, closing at 19,138.37. The downturn was influenced by losses in the technology sector, identified as the worst-performing sector of the day, with major tech stocks such as Nvidia, Meta, Amazon, Apple, and Microsoft contributing to the S&P 500's decline. Despite the day's losses, the S&P 500 remains just 3% below its all-time high, and the Nasdaq 100 is 3.5% below its peak, reflecting a strong recovery from their low points in April following President Donald Trump's announcement of aggressive tariffs.

Written with ChatGPT .

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