Wall Street had a day of choppy trading Monday that ended with stocks broadly lower as the market extended its losing streak into a fourth week.
The combination of uncertainty over the U.S.-China trade war and the impeachment inquiry drama unfolding in Washington is likely to keep dragging on the economy and weighing on markets, said Tony Roth, chief investment officer at Wilmington Trust.The Standard & Poor’s 500 index ended down 13.22 points, or 0.4%, at 2,938.79. The Dow Jones industrial average fell 95.70 points, or 0.4%, to 26,478.02. The Nasdaq fell 26.18 points, or 0.3%, to 7,956.29.
Several big drugmakers helped weigh down the healthcare sector. Abbott Laboratories slid 1.2%. Merck fell 0.7%.
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