Summary: U.S. stocks ended a volatile session little changed on Friday, but still logged steep weekly losses. The S&P 500 posted its longest weekly losing streak since the dot-com bubble burst, as concerns over tighter monetary policy and the resilience of the economy and corporate profits in the face of inflation resurged. The blue-chip index closed out a choppy session higher by just 0.01% to settle at 3,901.36. This brought the index lower by 18.7% compared to its record closing high of 4,796.56 from Jan. 3 – bringing the S&P 500 within striking distance of a bear market, defined once an index closes at least 20% from a recent all-time closing high. On an intraday basis, the S&P 500 was down by as much as 20.6% compared to its Jan. 3 record closing high. The S&P 500 also posted a seventh consecutive weekly loss in its longest losing streak since 2001. Source - https://ca.finance.yahoo.com/news/stock-market-news-live-updates-may-20-2022-111628024.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACqTT5Esm_PVeWRfRK33yK9pxebWAq-eGdrY_TPEdRReq7P7YBlXW-98uVGR_dN-dXl7vE1payh-my8wRz3Q924kAFGcGpLBdZovWn2YIZkr5nmukk28vYkvmEe7Qb5J2UtbXIg8Ha9Z5jyDM1WdJHk2h3JpBPm8d9UWUQ3GqpR3