U.S. stocks ended sharply lower on Thursday, snapping a four-day winning streak, as disappointing earnings news and weak revenue guidance from Facebook parent Meta triggered widespread selling.
The major averages all ended with sharp losses. The Dow ended down by 518.17 points or about 1.45 percent at 35,111.16, not far off from the session's low of 35,071.06. The S&P 500 declined 111.95 points or 2.44 percent to 4,477.43, while the tech-laden Nasdaq settled at 13,878.82, posting a loss of 538.73 points or 3.74 percent.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.