S&P 500's busted winning streak was a mirage anyway
The S&P 500 Index closed in the red Thursday, blowing its widely-hyped chance at a nine-day winning streak, which would have been its best run since 2004. But the run shouldn't have mattered in an otherwise anemic stock market fueled by trends in bonds, not expectations about profits. Fittingly, a lousy 30-year bond auction spoiled it
Source: moneycontrol.com