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The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
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The drawdown duration is the length of any peak to peak period, or the time between new equity highs. The max drawdown duration is the worst (the maximum/longest) amount of time an investment has seen between peaks (equity highs). Many assume Max DD Duration is the length of time between new highs during which the Max DD (magnitude) occurred.
Get today's best rates on high-yield and traditional savings accounts to more quickly grow your everyday nest egg. Savings interest rates today: Yes, you can still find APYs of up to 5.05% as 2024 ...
Meanwhile, numerous reports show a year-over-year double-digit increase in cyberattacks, as bandits and national armies seek to steal data and wreak havoc. These trends are worrisome but also ...
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
This is a 5% decrease from 2023, which was 4.5% lower than 2022. Two years of declines don’t erase dramatic increases that led to a record high cost of $64.06 in 2022.