Rare stock-market event? Here's how many times the S&P 500 has seen a 9-day winning streak in the last 95 years.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Large-cap benchmark guns for longest winning streak in 19 years

Stock-market bulls are attempting to push the S&P 500 index to its ninth straight winning session Thursday, which would mark its longest streak of gains since 2004.

In his “chart of the day,” Reid notes that going back to 1928, the S&P 500 SPX and its precursors have seen 31 nine-day winning streaks, or one every 3.1 years. The chart below illustrates how the current 8-day run through Wednesday’s close would stack up on a historical basis. As the chart and data show, the S&P 500’s current run is hardly a regular event, but if bulls can extend the streak a few more days beyond Thursday they will indeed be in rarefied air.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Time to Lock in Profits as Stocks Consolidate GainsStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks Stall as Options Positioning-Driven Rally Fades: Reversal in the Offing?Market Overview Analysis by Michael Kramer covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »