US stocks extended the losing streak on risk aversion

U.S. stocks dropped again today and continue to fall back from all time highs.

Markets were also let down by the BoJ recently when they failed to offer the stimulus package that markets had been expecting. Meanwhile, while the Fed is expected to remain on hold, but the disappointment in the economy and outlook weigh on sentiment going forward. 

The Dow, S&P and Nasdaq extended the losing streak to a seventh session on risk aversion with a number of tepid economic data releases and weak oil prices. 

The Dow lost 90 points, or 0.5%, to close at 18,314. The S&P 500 fell 14 points, or 0.6%, and finished at 2,157 while the Nasdaq Composite Index dropped 46 points, or 0.9%, and closed at 5,137.