Stock market today: Live updates

The S&P 500 slipped on Thursday, placing the benchmark on track for its longest losing streak this year. Investors also continued parsing the latest corporate earnings reports.

The broad index lost 0.1%, while the Nasdaq Composite dropped 0.3%. The Dow Jones Industrial Average added 43 points, or 0.1%, as the blue-chip index traded near its flatline for 2024.

The major indexes are all poised to see losses this week. The S&P 500 has slid more than 2% so far in the week, while the Dow dipped 0.7% for the same period.

The Nasdaq has tumbled more than 3% this week as technology shares struggled. That puts the index on pace for its fourth straight down week, which would mark the longest negative streak since December 2022.

More than 12% of S&P 500-listed companies have now reported earnings in what’s shaping up to be a positive season. Of those that have already posted results, 73% have surpassed Wall Street expectations for their individual performances, according to FactSet.

The S&P 500 and Nasdaq flirted with their fifth straight down session as Thursday marked yet another day where stocks took a leg down in afternoon trading. That would mark the longest losing streaks for each since October and January, respectively.

The moves come during what has been a difficult second quarter on Wall Street. That’s been driven by growing concerns around the path of inflation and monetary policy from the Federal Reserve.

All three major indexes are lower so far in April, in stark contrast to the stronger-than-expected market performance seen in the first quarter.

“This has been one of the most widely advertised pullbacks that we’ve had,” said Quincy Krosby, chief global strategist at LPL Financial. Now, “what we’re paying attention to … is whether or not we are going to see lower lows.”