U.S. stock indexes close lower amid regulatory concerns

U.S. stocks ended lower on Monday, weighed down by a slide in Nvidia, as the combination of regulatory concerns and macroeconomic anticipation weighed on sentiment, leaving investors cautious as the week unfolds.

The Dow Jones Industrial Average fell 240.59 points, or 0.54 percent, to 44,401.93. The S&P 500 sank 37.42 points, or 0.61 percent, to 6,052.85. The Nasdaq Composite Index shed 123.08 points, or 0.62 percent, to 19,736.69.

Nine of the 11 primary S&P 500 sectors ended in red, with financials and communication services leading the laggards by losing 1.41 percent and 1.31 percent, respectively. Meanwhile, health and real estate led the gainers by going up 0.22 percent and 0.09 percent, respectively.

Nvidia stock slipped 2.55 percent on Monday after China opened an antitrust investigation into the chip giant. "The market was taken a bit by surprise regarding China's investigating (Nvidia) as a possible antimonopoly-law violation. So that's one thing that's putting a little damper on the market," said Sam Stovall, chief investment strategist at CFRA Research in New York.

Read Full Article Here
 
New York Stock Exchange by Daniel Foster is licensed under flickr

Follow us

Read our latest news on any of these social networks!

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!

Recent Articles

...
FDA grants limited approval to new Covid vaccine from Moderna

The agency approved the company's lower-dose Covid vaccine for older adults and young people with underlying medical conditions.

...
ADVERTISEMENT 2020 Campaign for Corrupt Democrat Maxine Waters Fined For Violating Election Finance Laws

Democrat Rep. Maxine Waters is one of the most corrupt members of Congress who has repeatedly violated election laws, yet she barely gets a slap on the wrist.

...
Trump's tariffs are 'not going away' amid legal battles, White House says

President Donald Trump's tariffs are "not going away," Commerce Secretary Howard Lutnick said, downplaying a pair of recent court decisions that declared the bulk of the president's tariffs illegal and momentarily paused the levies.

  • by:
  • Source: Fox News
  • 06/02/2025
...
Trump admin pulls Jared Isaacman's nomination for NASA administrator, replacement to be announced 'soon'

The Trump administration recently pulled Jared Isaacman's nomination to be NASA administrator, alluding that he was not in "complete alignment" with the president's agenda.