HomeMarket NewsUS Stock Market LIVE: Dow Jones up 100 points; Netflix, Disney shares slip on tariff plans
US Stock Market LIVE: Stocks fell in morning trading on Wall Street Monday (May 5), and oil prices fell to a four-year low as the OPEC+ group announced plans to increase output. The S&P 500 fell 0.3%. The benchmark index is coming off its ninth straight gain. The Dow Jones Industrial Average rose 52 points, or 0.1%, as of 10:59 a.m. Eastern time.
US Stock Market LIVE: Stocks fell in morning trading on Wall Street Monday (May 5), and oil prices fell to a four-year low as the OPEC+ group announced plans to increase output. The S&P 500 fell 0.3%. The benchmark index is coming off its ninth straight gain. The Dow Jones Industrial Average rose 52 points, or 0.1%, as of 10:59 a.m. Eastern time. The Nasdaq composite fell 0.5%. There were more gainers than losers within the S&P 500 index, but the market was weighed down by losses in technology stocks and other big companies. Apple slumped 3.1%, while chipmaker Nvidia fell 0.8%. Tesla fell 3.7%. Berkshire Hathaway fell 4.8%. Legendary investor Warren Buffett announced over the weekend that he would step down as CEO by the end of the year after six decades at the helm. Buffett will still be chairman of the board of directors.