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Major Indices Teetering on Breaking Losing Streaks

The Dow , S&P and Nasdaq are just points away from breaking their monthly losing streaks at 4 straight months of losses. Here's what they would need to rally today to have their first positive month since October:

  • Dow - 50 points or .4%
  • S&P - 15.4 points or 1.2%
  • Nasdaq - 10.3 or .5%

Longest losing streaks:

  • Dow - 9 straight months from Aug 1941 through April 1942
  • S&P - 9 straight months from Jan through Sept 1974
  • Nasdaq - 8 straight months from Feb through Sept 1974

The last time the Dow and Nasdaq had 5 consecutive months of losses was in 2002 (6 month streaks from April to Sept). The last time the S&P 500 has 5 months in a row of losses was 1990 (5 month streak June through Oct).

Amongst the biggest gainers on the S&P on the open are:

  • Fortune Brands
  • Rowan Companies
  • Noble Corp

Amongst the biggest gainers on the Dow on the open are:

  • Dupont
  • Intel
  • General Motors

Amongst the biggest gainers on the Nasdaq on the open are:

  • Vertex Pharmaceuticals
  • SanDisk
  • Logitech