New York, May 5, 2025 (AFP) - US stocks close lower as S&P 500 rally peters out

NAMPA / AFP
2025-05-05
US stocks closed lower Monday, ending a nine-day streak of gains for the S&P 500 index as service sector activity data came in slightly better than expected. The broad-based index fell 0.6 percent to 5,650.38, while the Dow Jones Industrial Average closed down 0.2 percent at 41,218.83. The tech-rich Nasdaq completed the trio of declines among the major Wall Street indices, closing down 0.7 percent at 17,844.24. "For the first time in a long time......
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NKURENKURU, 29 April 2025 - A group of learners, teachers from various secondary schools, and officials from different offices in the Kavango West Region joined the rest of the nation in a march against violence against children on Tuesday. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 29 April 2025 - A group of learners, teachers from various secondary schools, and officials from different offices in the Kavango West Region joined the rest of the nation in a march against violence against children on Tuesday. (Photo by: Lylie Joel) NAMPA

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LÜDERITZ, 29 April 2025 - Debmarine Namibia Chief Executive Officer (CEO), Willy Mertens. (Photo by: Josephine Simeon) NAMPA

LÜDERITZ, 29 April 2025 - Debmarine Namibia Chief Executive Officer (CEO), Willy Mertens. (Photo by: Josephine Simeon) NAMPA

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GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

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GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

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WINDHOEK, 28 April 2025 - North Korea's Ambassador Jong Song. (Photo by: Linea Dishena) NAMPA

WINDHOEK, 28 April 2025 - North Korea's Ambassador Jong Song. (Photo by: Linea Dishena) NAMPA

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WINDHOEK, 28 April 2025 - North Korean Ambassador Jong Song (L) pictured with President Netumbo Nandi-Ndaitwah during a courtesy farewell at State House on Monday. (Photo by: Linea Dishena) NAMPA

WINDHOEK, 28 April 2025 - North Korean Ambassador Jong Song (L) pictured with President Netumbo Nandi-Ndaitwah during a courtesy farewell at State House on Monday. (Photo by: Linea Dishena) NAMPA

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TUHINGIRENI, 27 April 2025 - Residents of Tuhingireni gathered under a tree to discuss the neighbourhood’s concerns. (Photo by: Sawi Hausiku) NAMPA

TUHINGIRENI, 27 April 2025 - Residents of Tuhingireni gathered under a tree to discuss the neighbourhood’s concerns. (Photo by: Sawi Hausiku) NAMPA

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WINDHOEK, 28 April 2025 - Heroes Acre Site Manager Helena Nengola pictured with Speaker of the National Assembly Saara Kuugongelwa-Amadhila. (Photo by: Andreas Thomas) NAMPA

WINDHOEK, 28 April 2025 - Heroes Acre Site Manager Helena Nengola pictured with Speaker of the National Assembly Saara Kuugongelwa-Amadhila. (Photo by: Andreas Thomas) NAMPA

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