Wall Street extends losing streak as rally evaporates We’re sorry, this service is currently unavailable. Please try again later. Dismiss Wall Street extends losing streak as rally evaporates By Ambar Warrick and Shreyashi Sanyal Updated 4.19am Normal text size Advertisement Stocks closed mostly lower on Wall Street on Monday (US time) after an early rally faded, extending the market's recent pullback from record highs. The S&P 500 fell 0.4 per cent after having been up 0.9 per cent in the early going. The reversal handed the benchmark index its fourth straight decline, something that hasn't happened since September. Losses in the financial, industrial and health care sectors accounted for much of the decline, outweighing gains by technology stocks and companies that rely on consumer spending. Treasury yields were mostly higher, a sign of optimism in the economy.