While the S&P 500 Index has notched one record after another over the past year, its climb has been the most stable in two decades. There hasn’t been a single instance when the U.S. equity benchmark pulled back 5 percent from its highs during the period. The last time the market slumped at least that much was in the aftermath of the June 2016 Brexit vote -- marking a 267-day streak that’s the longest since 1996, according to data compiled by Bloomberg.
Source: Bloomberg Pro Terminal
Trader I. Ivanov
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