Traders work at the New York Stock Exchange in New York, the United States, on May 6, 2019. U.S. stocks ended lower on Monday, with the three major indexes all reporting losses during the first trading day of the week. The Dow Jones Industrial Average was down 66.47 points, or 0.25 percent, to 26,438.48. The S&P 500 fell 13.17 points, or 0.45 percent, to 2,932.47. The Nasdaq Composite Index fell 40.71 points, or 0.50 percent, to 8,123.29. (Xinhua/Wang Ying)
NEW YORK, May 6 (Xinhua) -- U.S. stocks ended lower on Monday, with the three major indexes all reporting losses during the first trading day of the week.
The Dow Jones Industrial Average was down 66.47 points, or 0.25 percent, to 26,438.48. The S&P 500 fell 13.17 points, or 0.45 percent, to 2,932.47. The Nasdaq Composite Index fell 40.71 points, or 0.50 percent, to 8,123.29.
Wall Street kicked off the week with a tumble of more than 470 points in the Dow shortly after the opening bell, indicating broad concerns among investors over the U.S. equity market.
Ten of the 11 primary S&P 500 sectors traded lower around market close, with the materials sector down nearly 1.4 percent, leading the losers.
Shares of Caterpillar and Boeing, two companies with high overseas revenue exposure, declined more than 1.6 percent and nearly 1.3 percent respectively, among the worst performers in the Dow.
Several large tech stocks also suffered losses, among which shares of NVIDIA and Advanced Micro Devices slid over 1.7 percent and over 2.8 percent respectively.
U.S. equities posted mixed results in the week ending May 3, with the Dow falling 0.14 percent, while the S&P 500 and the Nasdaq rose 0.20 percent and 0.22 percent, respectively, as Wall Street digested a key announcement from the Federal Reserve and a wave of corporate earnings.
