ADVERTISEMENT

Six Record Highs in a Row for the S&P 500 Isn't a Record: Chart

Six Record Highs in a Row for the S&P 500 Isn't a Record: Chart

Six Record Highs in a Row for the S&P 500 Isn't a Record: Chart

(Bloomberg) -- The S&P 500 Index has started off the first six trading days of 2018 with six consecutive record closes, but it’s not unprecedented. Despite the hot start to the year, the index’s current streak marks the 23rd time the benchmark has set new highs for six straight days. Of the 22 previous streaks, only nine made it to a seventh day with the last occurring in June of 1997. The gauge has never had a stretch of ten consecutive days with record highs.

To contact the reporter on this story: Matt Turner in New York at mturner107@bloomberg.net.

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran

©2018 Bloomberg L.P.