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This Article is From Aug 15, 2017

S&P 500 Streak Without 5 Percent Drop Has Some Precedents: Chart

(Bloomberg) -- The S&P 500 Index may head off a loss of 5 percent or more for a while longer if history is any guide, according to NBF Economics & Strategy. The firm used data compiled by Bloomberg to calculate that the current streak, which began in June 2016 and reached 285 trading days on Monday, is the fourth-longest recorded since 1960. There were 369-day stretches that began in November 1963 and December 1994, along with a 333-day streak that started in October 1992. The chart shows how each of those moves compares to the current streak at an equivalent point in time.

To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net.

To contact the editors responsible for this story: Chris Nagi at chrisnagi@bloomberg.net, Scott Schnipper

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