Stock market in longest stretch without 2% sell-off since financial crisis…

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  • The S&P 500 has gone 377 days without a 2.05% sell-off.
  • That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC.
  • This market lull comes as investors pile into megacap tech stocks, such as Nvidia, amid bets that artificial intelligence will boost profits.
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Wall Street’s climb to record highs has come with conspicuously little volatility.

The S&P 500
has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. The index hasn’t experienced a gain of at least 2.15% in that time either.

https://www.cnbc.com/2024/06/21/stocks-are-in-their-longest-stretch-without-a-2percent-sell-off-since-the-financial-crisis.html

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