Dow Gets Sunk by Fed. It’s on Its Worst Losing Streak in 50 years.
The Dow fell for the 10th day in a row, but its move in the wake of the latest Federal Reserve interest-rate decision was the only day that really mattered. The blue-chip index sank 1,123 points, or 2.6%, marking its longest losing streak since 1974. For much of the Dow’s losing streak, the index was weighed down by daily slides in UnitedHealth Group shares.