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Traders work the floor of the New York Stock Exchange on May 25, 2023, in New York City.
Traders work the floor of the New York Stock Exchange on May 25, 2023, in New York City.

TIMOTHY A. CLARY/AFP via Getty Images

  • The Dow Jones Industrial Average closed higher for a 12th straight day on Tuesday ahead of a key Fed policy decision. 
  • Only five times since 1897 has the key index enjoyed winning streaks that long, according to strategist Charlie Bilello.
  • Cooling inflation, market hype over AI, and fading recession fears have powered stocks higher this year. 

The Dow Jones Industrial Average is on a roll.

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Markets, MI Exclusive, Stocks, US stocks, Stock Market, Stock markets, alphabet, Microsoft, artificial intellegence, Dow Jones, Fed, fed interest rates, Inflation, djia, Stock Rally
Source
The Dow has been this unstoppable only 5 times since 1897