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Can Dow Jones ETF Reverse From the Worst Losing Streak in 50 Years?
DOWDow(DOW) ZACKS·2024-12-19 19:01

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 ...