U.S. stocks experienced significant declines on November 15, 2024, with the Nasdaq 100 sinking nearly 2%, marking its fifth consecutive day of losses. This downturn is notable as it is the longest losing streak for the index this year. The S&P 500 also fell by more than 1%. Analysts pointed out that the Nasdaq has not recorded any positive trading days this week, a trend not seen since August 2, 2019, during President Trump's first term. The declines are attributed to fading expectations for interest rate cuts, contributing to a bearish sentiment in the market.