Its recent rally comes as traders widely believe that the U.S. Federal Reserve's 25 basis point rate hike on Wednesday was the last in its campaign to control inflation.
The Dow's longest-ever winning streak was 14 sessions, set in 1897, according to S&P Dow Jones Indices.
Even after its recent gains, the Dow has lagged Wall Street's other main indexes in 2023.
Reuters GraphicsWhile the Dow's recent winning streak is unusually long, its overall strength has not been exceptional.
The Dow's last 13-day winning streak in January 1987 produced a gain of 11.1%.
Persons:
Dow, Hogan, Tesla, it's, darlings, Noel Randewich, Alison Williams
Organizations:
Dow Jones, Dow, Reuters, U.S, U.S . Federal, Riley, Nvidia, Apple, Microsoft, Chevron, Verizon Communications, Walgreen Boots Alliance, Nasdaq, Thomson
Locations:
U.S ., Amgen