S&P 500, Dow extend losing run

Business | 25 Sep 2020 10:40 pm

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.

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