Stocks are on course for their longest losing streak of the year, as geopolitical turmoil rattles Wall Street and investors slash their bets on the Federal Reserve cutting interest rates any time soon.
The S&P 500, one of the most widely followed stock indexes in the world, recorded a fifth consecutive decline on Thursday. Stocks fell another 0.2 percent early on Friday; a sixth straight day of losses would be the worst run since October 2022.