Can Dow Jones ETF Reverse From the Worst Losing Streak in 50 Years?
The Dow Jones Industrial Average is experiencing its longest losing streak since 1978, falling for nine successive trading days. This marks a significant downturn, with the index dropping roughly 3%, or over 1,500 points, from its record close of 45,014 on Dec. 4 to 43,499 as of Dec. 17, 2024.In the same period, the S&P 500 dipped by about 0.6%, while the Nasdaq Composite gained nearly 2%. The divergence is caused by the Dow Jones’ (up 15.8% YTD as of Dec. 17, 2024) less exposure to the tech rally that has ...