The Dow Goes for Nine in a Row

The Dow is going for its ninth-straight daily gain. This would be the index’s longest winning streak since early 1987.

Ryan Detrick points out that the S&P 500 has now gone 50 straight days without closing up or down by more than 1%. Over the same 50 days one year ago, it happened 29 times!

We haven’t had a 1% decline for the S&P 500 for 90 straight days. That’s the longest streak since 2006, and we’re close to making it the longest streak since 1995.

The S&P 500 Tech Sector has risen for the last 14 days in a row. Yesterday, the index closed at 886.09. The all-time high from March 27, 2000 was 987.07.

The S&P 500 Financials Index had its highest close on February 20, 2007 (10 years and two days ago) at 505.55. Yesterday, it closed at 407.65.

Posted by on February 22nd, 2017 at 11:13 am


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