In case you haven't noticed, it’s been a long time since the market took a tumble. The S&P 500 has gone 395 trading days without a decline of 5 percent or more from a record high, according to The Wall Street Journal’s Market Data Group.
This is now the longest stretch ever without suffering through such a decline. The old record was a 394-day streak during the stock market boom of the mid-1990s.
The last time the market had a decline of 5 percent or more was in June of 2016, just after the Brexit vote. Last year, the S&P 500 had just eight up-or-down moves of 1 percent or more, the fewest since 1965.
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