The Dow Jones Industrial Average closed down 313.62 points, or 0.63%, at 49,596.97 on Thursday, May 7. The S&P 500 closed down 28.01 points, or 0.38%, at 7,337.11 on Thursday, May 7. The Nasdaq Composite closed down 32.75 points, or 0.13%, at 25,806.20 on Thursday, May 7.