Reuters: Company News: BUZZ-U.S. stocks weekly: Mayhem

Reuters: Company News
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BUZZ-U.S. stocks weekly: Mayhem
May 31st 2019, 20:27

** S&P 500 drops 2.6%, extends losing streak to 4 weeks. SPX sheds 6.6% in May as U.S.-China trade war intensifies and President Trump opens new front with Mexico ** Indeed, the SPX appeared heavy handed, ultimately leading to multi-month lows ** This as a momentum millstone leads to a May mishap ** And with a sweaty open Fri, traders turn to their charts ** Every sector hit: Energy reels most, while even defensive groups stagger ** Energy dives 4.4%. Refiners and oil

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