Market Snapshot: Stock market eyes 3rd session of losses as earnings season gets under way

Stocks fell Thursday to close at session lows, cementing a three-day losing streak and a decline for the holiday-shortened week as investors dealt with the start of earnings season and intensifying geopolitical jitters.

The U.S. dropping the largest nonnuclear weapon in its arsenal on a complex of caves in Afghanistan did little to encourage traders into a buying mood, with stocks extending losses after reports of the bombing mission.

“There are concerns about the geopolitical landscape, and that is putting us into a stalemate,” said Peter Kenny, senior market strategist at Global Markets Advisory Group. “Markets are being held in check in terms of any kind of major upward bias or a major selloff.

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