How Major US Stock Indexes Fared May 6

U.S. stocks closed lower on Wall Street as AI mania loses more steam and as more companies pull their financial forecasts because of uncertainty created by President Donald Trump’s tariffs.
The S&P 500 fell 0.8 percent Tuesday. The drop came a day after the index broke a nine-day winning streak, its longest such run in more than 20 years. The Dow Jones Industrial Average fell 0.9 percent, and the Nasdaq composite sank 0.9 percent.
Palantir Technologies was one of the heaviest weights on the market, even though the AI company reported a profit for the latest quarter that met analysts’ expectations.
On Tuesday:…



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