S&P 500, Dow extend losing run

Friday, September 25, 2020

The S&P 500 and the Dow inched lower on Friday, extending their longest losing spree in a year as fears about the outlook for the economy in a future still dominated by the coronavirus weighed on investor sentiment.

Five of the 11 major S&P indexes fell in early trading, with a 0.7 percent drop for energy stocks putting them on course for one of their worst weeks since the coronavirus-driven crash in March, Reuters reports. The defensive real estate sector led gains among those trading higher.