‘One of the worst losing streaks’: S&P 500 and Nasdaq close lower for fifth-straight day

CommSec’s Tom Piotrowski says the S&P 500 and Nasdaq have hit "one of the worst losing streaks" since October after they closed lower for a fifth consecutive day. “The S&P 500 down by a quarter of a per cent," Mr Piotrowski told Sky News Australia. “The Nasdaq down … by about a half of one per cent. “That means that we have seen five consecutive days of losses for those indices, which is one of the worst losing streaks that we have seen since October last year.” Presented by CommSec.