Stocks End Mostly Lower, Extending Losing Streak for S&P 500

Stocks End Mostly Lower, Extending Losing Streak for S&P 500
Trader James MacGilvray works on the floor of New York Stock Exchange on May 16, 2022. Courtney Crow/New York Stock Exchange via AP
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NEW YORK—Stocks closed a wobbly day of trading mostly lower on Wall Street Monday, extending a losing streak for markets.

The broader market is in the midst of a slump as investors try to gauge how companies and consumers are dealing with higher prices and whether central banks can help ease the problem. Major indexes have been slipping since early April.