The S&P 500 experienced its worst weekly performance since June 2022, concluding the week with a decline of 4.3%. This marks the benchmark index's largest weekly loss since early September 2023. Additionally, both the S&P 500 and the Nasdaq have recorded their third consecutive week of losses, representing the longest losing streak since mid-July and early August of the previous year. Despite a bounce on Friday, the overall trend indicates ongoing challenges in the market.