Stock market today: Wall Street edges lower as four-week winning streak cools off

Stock market today: Wall Street edges lower as four-week winning streak cools off

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The significant U.S. stock indexes ended alittle lower Monday as Wall Street looks ahead to updates on inflation and how American customers are sensation about the economy.

The S&P 500 slipped 0.2%. The standard index was coming off a holiday-shortened week in the U.S. and its 4th straight winning week. The Dow Jones Industrial Average likewise closed 0.2% lower, while the Nasdaq composite dropped 0.1%.

All informed, the S&P 500 fell 8.91 points to 4,550.43. The Dow slipped 56.68 points to 35,333.47, and the Nasdaq lost 9.83 points to 14,241.02.

Health care, interaction services and commercial stocks were amongst the mostsignificant drags on the market. Eli Lilly & Co. fell 1.6%, Meta Platforms moved 1% and Union Pacific closed 2% lower.

Technology stocks and business that rely on customer costs were intense areas. Chipmaker Nvidia increased 1% and Amazon.com acquired 0.7%.

Shopify climbedup 4.4% after the cloud-based commerce business revealed a Black Friday record for aroundtheworld sales of $4.1 billion from its merchants.

In the bond market, Treasury yields fell broadly. The yield on the 10-year Treasury, which affects interest rates on homemortgages and other loans, fell to 4.39% from 4.47% late Friday. The yield on the 2-year Treasury moved to 4.88% from 4.9

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