Wall Street Review: Stocks Snap 5-Week Losing Streak – The Epoch Times
The US stock market ended a five-week losing streak, with the Dow, Nasdaq, and S&P 500 indexes all experiencing losses due to economic concerns and rising oil prices. The S&P 500 matched its longest streak of weekly losses since May 2022, with a 7.2% decline so far this month.
The US stock market saw losses across all three major indexes for the fifth straight week. The Dow closed down 793 points, or 1.7%, while the Nasdaq closed down 2.1% and the S&P 500 dropped 1.7%. The indexes reached their lowest levels since September and August 2025. The Dow and Nasdaq entered correction territory, trading down roughly 10.5% and 12.7% from their all-time highs. Brent Crude rose 4.6% to $106.70, and West Texas Intermediate traded up 6.2% to over $100. The average price for a gallon of gas in the US rose to $3.97 as of Friday.
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