Dow Industrials Is Mired in Longest Slide Since 1978
- Losing streak comes as S&P 500, Nasdaq 100 set record highs
- UnitedHealth’s near 21% decline since shooting drags on gauge
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While US equities churn near all-time highs, one of the most closely watched indexes is mired in its longest losing streak since Jimmy Carter was president.
The Dow Jones Industrial Average ended the day 0.6% lower for its ninth straight decline, which marks the blue-chip gauge’s longest losing streak since 1978. The 30-stock index is down 3.5% over that stretch.