Dow and S&P on Track to Close Down for 5-Straight Weeks


Amid a flurry of recent poor economic data, the Dow and S&P 500 are now on track to close in negative territory for 5 straight weeks. During this time, the Dow is down about 5.1 percent, while the S&P is off 4.4 percent.

At the current levels, it will be the Dow’s first 5-week losing streak since July 2004 and its worst 5-week streak since October 2002. Meanwhile, the S&P is having its first 5-week losing streak since July 2008, when it fell nearly 9 percent over that period.

Since the overall market closed at multi-year highs on April 29, cyclical stocks have clearly led the retreat.

Here’s how the major indices, sectors and Dow 30 have performed since April 29:

Dow 30 Stocks

The worst performing stock in the Dow in the past five weeks is Caterpillar , down about 12 percent, followed by Dupont and Hewlett-Packard , both with losses of 11 and 10 percent, respectively.

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