The US stock industry had another day of sharp losses at the end of an already turbulent week.

The Dow (INDU) shut 0.9 %, or 245 areas, reduced, on a second straight day of losses. The S&P 500 (spx) and The Nasdaq Composite (COMP) both completed down 1.1 %. It was the third day of losses in a row for the two indexes.

Even worse still, it was your third round of weekly losses because of the S&P 500 and the Nasdaq Composite, making for his or her longest losing streak since October and August 2019, respectively.

The Dow was mainly flat on the week, but its modest eight point drop nonetheless meant it had been its third down week in a row, its lengthiest losing streak since October previous year.

This rough plot began with a sharp selloff pushed mostly by tech stocks, that had soared over the summer.

Investors have been pulled straight into different directions this week. On a single hand, the Federal Reserve committed to make interest rates reduced for longer, which is great for companies desiring to borrow cash — and consequently beneficial to the inventory sector.

Still lower fees also mean the central bank doesn’t expect a swift rebound back to normal, and that places a damper on residual hopes for a V-shaped recovery.

Meanwhile, Congress still has not passed one more fiscal stimulus package and Covid-19 infections are actually rising all over again around the world.

On a far more technical mention, Friday also marked what’s referred to as “quadruple witching,” which will be the simultaneous expiration of inventory as well as index futures as well as options. It can spur volatility of the market place.