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Energy Sector Pressured the S&P 500 on May 22

Energy Sector Pressured the S&P 500 on May 22

The S&P 500 fell ~0.3% to 2,724.44 on May 22 due to the decline in energy stocks. Uncertainty about the outcome of trade negotiations between the US and China also pressured the S&P 500. Six out of the ten key sectors in the S&P 500 dropped on May 22.