Market Snapshot: Dow futures slide more than 100 points as doubts over Trump’s agenda build

U.S. stocks overcame steep losses Monday but the Dow industrials and S&P 500 still closed lower as investors reassessed the prospects for President Donald Trump’s ambitious economic agenda after a Republican plan to repeal and replace Obamacare was scrapped last week.

The Dow Jones Industrial Average DJIA, -0.22% marked its longest losing streak since August 2011 with eight straight declines, closing down 45.74 points Monday, or 0.2%, at 20,550.98, after overcoming an earlier 184-point deficit. The blue-chip average was led lower by shares of Chevron Corp. CVX, -1.58% and Goldman Sachs Group Inc.GS, -1.28%

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