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Markets Right Now: S&P 500 in longest loss streak since 1980

NEW YORK, N.Y. – The latest on developments in U.S. financial markets:

4:00 p.m.

The stock market gave up an early gain and ended slightly lower, extending a losing streak for the Standard & Poor’s 500 index to a ninth day, the longest losing streak in 36 years.

While the losing streak for the market barometer has been long, it hasn’t been deep. The losses over that time amount to just 3.1 per cent.

Investors have been pulling back in recent days and the U.S. presidential race appears to tighten.

The Dow Jones industrial average slipped 42 points, or 0.2 per cent, to 17,888. The S&P 500 fell 3 points, or 0.2 per cent, to 2,085. The Nasdaq composite declined 12 points, or 0.2 per cent, to 5,046.