The Stock Market Is on the Verge of Doing Something That No One's Witnessed Dating Back to Nearly the U.S. Civil War -- and It Has Alarming Implications
Wall Street is on the doorstep of making history -- but not all historical events are desirable for investors.
Overview
Despite bouts of heightened volatility on Wall Street, it's turned into another stellar year for equities. Since early June, the time-tested Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-stock-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) have all romped to record highs.
No single factor is responsible for these gains. Rather, it's a confluence of catalysts pushing the broader market higher, including (but not limited to):
Details
While the Dow, S&P 500, and Nasdaq Composite have decisively risen over multiple decades, their short-term directional movements are considerably more challenging to predict. This is where historical precedent can come in handy.
Source
Originally published at www.fool.com.