The chart of the day is courtesy Mark Hulbert via Marketwatch.com and shows the time taken for the Dow Jones Industrial Average to reach prior highs since the early 1900's. The current market has spent more than a year in trying to reach its prior high and has taken over 410 days to reach recent new highs, eclipsing the 379 days it took in the bull market correction of the 1990's making further new highs more and more elusive:
More Than 4 Million More Workers Will Start Getting Paid Overtime Under
Controversial New Rule
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The new rule has already sparked backlash from prominent business groups,
and a similar 2016 rule change was challenged in the courts.
31 minutes ago