A little good news, for a change!!
For history fans, the 10-day streak is the longest since 10 sessions that ended on Nov. 15, 1996. That was just after then-Federal Reserve Chairman Allan Greenspan described the stock market was infected by “irrational exuberance.”
What is true is the rally this year has been steady, with modest daily changes. The Dow’s average daily change this year has been about 29 points, about 10 points higher than a year ago.