New York (CNN Business) The US stock market had another day of sharp losses at the end of an already turbulent week. Dow INDU S&P 500 SPX Nasdaq Composite COMP Theclosed 0.9%, or 245 points, lower, on a second-straight day of losses. Worse still, it was the third round of weekly losses for the S&P 500 and the Nasdaq Composite, making for their longest losing streak since October and August 2019, respectively. The Dow was mostly flat on the week, but its modest 8 point drop still meant it was its third down week in a row, its longest losing streak since October last year. This rough patch began with a sharp selloff driven primarily by tech stocks , which had soared over the summer.
Source: CNN September 18, 2020 18:45 UTC