S&P, Nasdaq extend year-start skid to three

The S&P 500 lost 16.13 points, or 0.34%, to end at 4,688.68 points, while the Nasdaq lost 81.91 points, or 0.56%, at 14,510.3. The Dow rose 10.15 points, or 0.03%, to 37,440.34.

NEW YORK: The S&P 500 and Nasdaq Composite closed lower on Thursday, extending their losing streak that kicked off 2024, although the Dow Jones Industrial eked out a win on the back of financial stocks and strong jobs data.

For the S&P 500, this is the worst start to a year since it began 2015 with a three-session skid, as tech-focused investors continued to take profits after a blistering rally in the final weeks of last year.