The S&P 500 is about to break its longest streak without a 1% drop

The stock market keeps on stacking good days only.

The S&P 500 ( ^GSPC ) has gone an astonishing 52 trading days without a 1% down day, matching the streak that ended in July 2024, according to research from Global Markets Investor. If the index avoids such a decline in today's session, the streak will become the longest since January 2020, when it lasted 74 trading days.

We say astonishing given the headwinds continuing to be thrown at the market, from elevated inflation to a September interest rate hike by the Federal Reserve to midterm election uncertainty .

No big deal, apparently, as the Teflon market vibes rage on.

Meanwhile, Global Markets Investor noted that the New York Stock Exchange has gone 224 consecutive trading days without a session in which declining stocks accounted for at least 80% of total trading volume, the longest streak since at least 1996. Looked at another way, the market has gone nearly a year without a day of intense, broad-based selling on the NYSE. Investors continue to stay long stocks amid a strong earnings outlook.

S&P 500 third quarter earnings growth is expected to come in at 29.6% year over year.

If 29.6% is the actual growth rate for the quarter, it will mark the third straight quarter of growth above 25%, according to FactSet.

It would also represent the eighth straight quarter of double-digit percentage earnings growth.

For the fourth quarter, Wall Street analysts are calling for earnings growth of 28%.

Analysts are predicting year-over-year earnings growth of 32.7% for 2026. Earnings are seen up 15.6% for 2027.

Brian Sozzi is Yahoo Finance's Executive Editor, host of the Sozzi Unleashed morning show and the Power Players with Brian Sozzi podcast, and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi , Instagram , and LinkedIn . Tips on stories? Email brian.sozzi@yahoofinance.com.