by Greg Guenthner
Daily Reckoning
The Dow dropped 77 points yesterday.
No one batted an eye.
I can’t say I’m surprised. No one cared when the Dow topped its all-time highs earlier this month. Despite the cries from the financial media about lackluster earnings and geopolitical strife, most folks aren’t giving the stock market the time of day right now—no matter how many records it shatters.
The Dow Jones Industrial Average posted its seventh record close in a row on Wednesday. That was the big board’s longest run of all-time highs since an eight-session stretch in March 2013, MarketWatch reports.