Stock market today: S&P 500 clinches longest losing streak since 2022 as oil surges, 'Magnificent 7' stocks shed $300 billion
Yahoo Finance·2026-03-27 20:01
US stocks fell on Friday, with the Dow Jones Industrial Average (^DJI) entering correction territory, as oil prices surged. The Nasdaq Composite (^IXIC) dropped 2.1%, sliding deeper into correction territory amid a broad sell-off in technology stocks. Meanwhile, the Dow fell 1.7%, also moving into a correction, or more than 10% off its all-time high. The S&P 500 (^GSPC) declined about 1.7%, marking its longest losing streak since 2022, with losses extending to a fifth consecutive week. The "Magnificent ...