U.S. stocks got off to a rocky start to 2025 on Thursday as the S&P 500 and Nasdaq Composite declined for a fifth straight day.
For both, it was the longest losing streak since April, according to Dow Jones Market Data.
Meanwhile, the Dow fell for a fourth straight day — its longest losing streak since Dec. 18, when the blue-chip gauge capped off a 10-day stretch of losses, Dow Jones data showed.
All three major U.S. equity benchmarks finished lower after a volatile session. Market watchers blamed the weakness in stocks on profit-taking, as well as a surge in the value of the U.S. dollar.
Here is where stocks finished, according to preliminary closing data from FactSet.
The S&P 500 shed 13.08 points, or 0.2%, at 5,868.55.
The Dow fell by 151.95 points, or 0.4%, at 42,392.27.
The Nasdaq Composite fell by 30 points, or 0.2%, at 19,280.79.