The Dow Jones industrial average has posted a triple-digit rise or fall for the last seven trading sessions. The largest move came Wednesday, a drop of 206 points.
The selloff came after Federal Reserve Chairman Ben Bernanke said that the central bank could start scaling back its $85 billion in monthly bond purchases later this year. The program has helped to keep long-term interest rates low.
Record-low interest rates have helped fuel a housing comeback and driven the stock market to record highs, both of which were essential to restoring wealth lost during the recession.
Since January 1998, there have been 19 times when the Dow has recorded triple-digit moves for seven or more consecutive days.Associated Press