U.S. stock markets experienced a decline as Wall Street’s remarkable rally lost some momentum, pulling back from recent record highs.
On Monday, the S&P 500 index dipped by 0.2%, marking the end of its impressive six-week winning streak, which is the longest of the year. The Dow Jones Industrial Average fell by 0.8% from its own record that had been reached the previous Friday, whereas the Nasdaq composite managed to gain 0.3%.

Additionally, crude oil prices bounced back from significant losses incurred the previous week, while U.S. Treasury yields increased within the bond market. Stock indexes in Europe predominantly closed lower after experiencing mixed results in Asian markets.

Specifically, on Monday’s trading session:

– The S&P 500 decreased by 10.69 points, or 0.2%, landing at 5,853.98.

– The Dow Jones Industrial Average dropped by 344.31 points, or 0.8%, to a total of 43,931.60.

– The Nasdaq composite gained 50.45 points, or 0.3%, reaching 18,540.
– The Russell 2000 index, which tracks smaller companies, fell by 36.38 points, or 1.6%, closing at 2,239.71.

Looking at year-to-date performance:

– The S&P 500 has advanced by 1,084.15 points, which is an increase of 22.7%.

– The Dow has risen by 5,242.06 points, equating to a 13.9% increase.

– The Nasdaq has moved up by 3,528.65 points, a noteworthy 23.5% rise.

– The Russell 2000 is up by 212.64 points, translating to a growth of 10.5%.