finance
Nasdaq and S&P 500 Close at Record Highs with Fifth Straight Weekly Gain; Dow Falls
The Nasdaq and S&P 500 ended the trading day at new record highs, marking their fifth consecutive week of gains. The Dow Jones Industrial Average declined. These movements occurred amid reported market-on-close imbalances in major indices.
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The S&P 500 rose 23.31 points, or 0.32%, to close at 7,232.32, also a record. Both indices logged their fifth straight week of gains.
Market-on-close imbalances showed a buy imbalance of 121 million shares for the S&P 500 and 380 million for the Nasdaq 100. These imbalances reflect final trading activity before the close on May 3, 2026.
The gains in the Nasdaq and S&P 500 extended their positive streak over five weeks. Trading data indicated unofficial closing figures, highlighting the session's mixed results across major U.S. indices.
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