New Delhi, Feb. 5 -- US stocks extended their losing streak to a third consecutive session on Thursday, February 5, as continued selling in software and technology shares weighed on key indices and limited any rebound. Adding to the pressure, recent private jobs data rekindled concerns over an economic slowdown.

Following a 1.77% decline in the previous session, the tech-heavy Nasdaq Composite slipped another 1.4% to the day's low of 24,549, as selling in technology further intensified. The broader S&P 500 also opened lower, trading with a loss of 0.53%, while the Dow Jones Industrial Average was down 0.40%.

The pressure extended beyond equities, with precious metals and Bitcoin also seeing sharp corrections, pointing to broader risk-of...