The Dow Jones industrial average has reached another milestone: its longest winning streak since 1996.
The index rose for the tenth day in a row Thursday, gaining 83 points to close at 14,539, an increase of 0.6 percent. It broke through its previous all-time high March 5th and has kept going. The Dow has had only three longer winning streaks in its history.
Here are other Dow streaks of 10 days or more:
_ Dow rises for 10 consecutive days ending November 15, 1996.
_ Dow rises for 11 consecutive days ending January 3, 1992.
_ Dow rises for 13 consecutive days ending January 20, 1987
_ Dow's longest winning streak was 14 days, ending June 14, 1897 (asterisk)
Notes:
_Until May 1952, the NYSE traded on Saturdays so a typical trading week was six days instead of five.
Source: Source: S&P Dow Jones Indices