The S&P Has Now Gone 93 Days Without A 1% Decline
Another day, another green close.
In fact, another day, another record close. The 11th straight to be precise and the longest such streak in three decades. As for the S&P, you guessed it: another record high there too.
Here's the idiot-proof, bullet point summary via Bloomberg:
U.S. equities advanced amid gains in utilities and phone stocks and a last-minute surge that saw the Dow Industrials adding 77 points in the final hour of trading.
S&P 500 index added 0.2% to turn positive af
tick, tick, tick…
BOOM!