U.S. stocks fell for a fifth straight day as investors remained on edge amid ongoing concerns over trade, political turmoil and economic growth. Crude halted its longest losing streak on record.
The S&P 500 fell 0.8 percent to 2,702 at 4:04 p.m. New York time.The S&P 500 Index slumped to the lowest in two weeks after a key Democrat raised questions about the revamped Nafta deal and selling in Apple Inc. rekindled concern that megacap tech earnings have peaked. An afternoon respite from the selling sparked by U.K. Prime Minister Theresa May clinching a Brexit deal with her cabinet gave way to a tumble into the close. Goldman Sachs’s woes continued, with the bank down 13 percent in four days to the lowest since November 2016.
Source : Bloomberg