The Dow Jones Industrial Average is on track to end its 10-day losing streak, which marked the longest decline since 1974. Following a significant drop of over 1,100 points after the Federal Reserve's meeting, the index rebounded strongly, gaining over 800 points during intraday trading on December 20, 2024. The surge was attributed to positive inflation data that encouraged investors. The Dow finished the day up approximately 500 points, reflecting a recovery from the previous week's Fed-induced selloff, which also saw the S&P 500 and Nasdaq experience notable declines of 2.95% and 3.56%, respectively, on the same day. This marks the second consecutive day of gains for the Dow, indicating a potential stabilization in the market after a tumultuous period.