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US stocks fall for second straight session; Dow Jones posts lone gain
05/02/2026
Argaam Exclusive
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US stocks fell for the second straight session at the close of Wednesday’s trading, but the Dow Jones Industrial Average rose alone, as investors continued to shy away from technology-sector risk.
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By the close, the Dow Jones Industrial Average gained 0.53%, or 260 points, to 49,501.
However, the broader S&P 500 fell 0.51%, or 35 points, to 6,882, while the Nasdaq Composite dropped 1.51%, or 350 points, to 22,904.
In Europe, the Stoxx Europe 600 index settled flat at 618.12 points, as gains in the defense and chemicals sectors offset losses in healthcare stocks.
Germany’s DAX slipped 0.70% to 24,603 points, while France’s CAC 40 rose 1% to 8,262 points, and Britain’s FTSE 100 added 0.85% to 10,402 points.
In Japan, the Nikkei 225 fell 0.80% to 54,293 points, while the broader Topix index rose 0.25% to 3,655 points.
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