via The Dow is on track to do something it hasn’t done since 1959 | Fox Business

Here’s another interesting statistical tidbit to illustrate the stock market’s extraordinary 2017 performance—in particular, the lack of pullbacks and volatility seen over this calendar year.

The Dow Jones Industrial Average DJIA, +0.23% Opens a New Window. which is knocking on the door of the 25,000 milestone and earlier this week notched its 70th record close of 2017 to break a calendar-year record that’s stood since 1995, is on track to log its longest streak of monthly gains in nearly 59 years.

The Dow was up 1.9% so far in December through Wednesday’s close. If it remains positive for the month, it will mark its ninth straight monthly rise, which would be the longest since a 12-month streak that ended in February 1959, according to The Wall Street Journal’s Market Data Group. The Dow’s run has it on track for a rise of more than 25% year-to-date, which would be its strongest since a 26.5% advance in 2013.

via The Dow is on track to do something it hasn’t done since 1959 | Fox Business

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