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May 6, 2025

Wall Street breaks a 9-day winning streak

By DAMIAN J. TROISE
AP Business Writer

NEW YORK — Stocks closed lower on Wall Street Monday, breaking a nine-day winning streak, as oil prices hit a four-year low after the OPEC+ group announced plans to increase output.

The losses came amid a relatively calm day of mostly mixed trading. They follow several weeks of gains that helped the market wipe away its losses since the ongoing trade war began.


 
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