The new bull market, for example, was confirmed at the close of trading on Tuesday given the S&P 500's new record close. But it's actually as old as the market's springtime bottom, which occurred on March 23, when the S&P 500 sank to a low of 2,237.40.Because the S&P 500 hasn't made any new lows since that date, market strategists consider the bull market to have begun at the March 23 low, when the market's recovery period started.
That means that bottom was the official end of the bear market and the start of the bull market. The springtime bear market of 2020 began on Feb.19 and shaved off 33.9% from the S&P 500.Arrows pointing outwards The comeback has mystified many investors, who didn't dream the benchmark index could even come close to all-time highs in 2020 after its dramatic Covid-induced sell-off back in March. But the index has, little-by-little, clawed its way back from a bear market.
The S&P 500 climbed 20% in the second quarter, one of its best on record, as Big Tech stocks like Netflix and Amazon outperformed as Americans quarantined at home. More recently, however, economically sensitive stocks like industrials, energy and financials have generated gains as investors bet on an eventual vaccine and return to a semi-normal way of life.To be sure, some on Wall Street have varying views of what defines a bull or bear market but these are the most widely accepted definitions.for exclusive insights and analysis, and live business day programming from around the world.
falls soon 15%
You damn sure better have something in your porfolio besides stock !
NOw manipulator of market sell this , Sp500 , dow jones , banks , black rock , trump
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