"The stock market just ended a stretch of calm that by one measure was last seen more than 50 years ago.
The benchmark S&P 500 sank 0.6% on Wednesday, ending a streak of 50 consecutive days without a daily decline of 0.5% or more. It had been the longest by that measure since 1965, according to The Wall Street Journal’s Market Data Group.
During that time, investors put aside concerns about setbacks in Congressional Republicans’ tax overhaul plans, as well as escalating tensions between the U.S. and North Korea. Instead, they continued to push stocks to fresh record highs as they focused on strong corporate earnings and a brightening global economic outlook."
https://blogs.wsj.com/moneybeat/2017/11/15/sp-500-breaks-longest-stretch-of-calm-in-half-a-century/
The benchmark S&P 500 sank 0.6% on Wednesday, ending a streak of 50 consecutive days without a daily decline of 0.5% or more. It had been the longest by that measure since 1965, according to The Wall Street Journal’s Market Data Group.
During that time, investors put aside concerns about setbacks in Congressional Republicans’ tax overhaul plans, as well as escalating tensions between the U.S. and North Korea. Instead, they continued to push stocks to fresh record highs as they focused on strong corporate earnings and a brightening global economic outlook."
https://blogs.wsj.com/moneybeat/2017/11/15/sp-500-breaks-longest-stretch-of-calm-in-half-a-century/