Yahoo Finance | EN590 Commodities
EN590 Commodities GroupCrude Oil 2026-09-08T11:40:50+00:00
With many on Wall Street increasingly worried about a looming market correction, stocks do have one powerful thing going for them. They remain in a strong long-term uptrend, which usually suggests more good times ahead. The S&P 500's (^GSPC) 200-day moving average has now risen for 329 consecutive trading sessions, the fourth strongest streak over the last 10 years, strategists at The Kobeissi Letter pointed out. This follows a previous 460-session stretch that briefly ended in April 2025 following president Trump's "Liberation Day" market massacre, bringing the combined streak to about 800 sessions. If one looks at it from that perspective, it would be the third longest since 1990. The longest such run lasted 1,448 days during the 2000 dot-com bubble.Historically, when the 200-day moving
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