S&P 500 Declines at Three Times 2011 Rate as May Losses Deepen

S&P 500 Declines at Three Times 2011 Rate as May Losses Deepen

Scott Eells/Bloomberg

The S&P 500 fell for the fifth time in a row yesterday, sending the benchmark gauge for U.S. shares to the lowest closing level since January, amid disappointing economic data and concern about Europe’s debt crisis.