The US stock market had an additional day of sharp losses at the conclusion of an already turbulent week.

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

Even worse nonetheless, it was the 3rd round of weekly losses because of the S&P 500 and the Nasdaq Composite, making for their longest losing streak since August and October 2019, respectively.

The Dow was generally horizontal on the week, nevertheless its modest 8 point drop still meant it was its third down week in a row, its longest giving up streak since October previous year.

This kind of rough plot started with a sharp selloff driven primarily by tech stocks, that had soared with the summer.

Investors have been pulled into different directions this week. On a single hand, the Federal Reserve dedicated to keep interest rates reduced for longer, that is good for companies wanting to borrow money — and thus beneficial for any stock industry.

But lower fees also suggest the central bank doesn’t expect a swift rebound again to normal, which puts a damper on residual hopes for a V shaped recovery.

Meanwhile, Congress still has not passed another fiscal stimulus package as well as Covid 19 infections are actually rising all over again across the world.

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