Dow Jones Industrial Average Index fell for the ninth consecutive day on Tuesday which is now one of its longest red streaks in decades.
What Happened:The index last saw such a streak of decline in February 1978, according to FactSet data. However, the index has seen steeper crashes in a single day as compared to the cumulative erosion it has witnessed over these nine days.
Dow Jones has fallen nearly 3.47% to 43,449.90 points over the last nine days since Dec. 4, when it was at 45,014.04 points.
According to an X post by the chief market strategist at Carson Research,Ryan Detrick, "Since...
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