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The Stock Market Just Did Something It Last Did in 1978. History Says This Will Happen Next.
DOWDow(DOW) The Motley Fool·2024-12-19 09:12

The Dow Jones Industrial Average (^DJI -2.58%), one of three major U.S. stock market indexes, had declined in nine straight trading sessions as of Tuesday, Dec. 17. The last time the Dow Jones strung together a losing streak that long was February 1978.Specifically, the index fell more than 4% during the nine trading days that ended on Feb. 22, 1978. But the Dow Jones rebounded 14% in the next three months and surged 20% over the next six months. Investors who expect a similar outcome this time can get expo ...