S&P 500: Bull Market Is Now 2 Years Old – How Much Longer Can It Last?

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S&P 500,CAC 40,Dow Jones Industrial Average

Market Overview Analysis by Investing.com (Ismael De La Cruz) covering: FTSE 100, S&P 500, CAC 40, Dow Jones Industrial Average. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com

The bull market celebrates its two-year milestone, maintaining strong growth.Sustained market momentum persists despite global economic challenges.The bull market, which kicked off on October 12, 2022, has now reached its two-year milestone and continues to flourish, defying expectations and maintaining robust momentum. Historically, bull markets have lasted an average of five and a half years since 1950, with gains typically reaching 190%.

Such a robust market performance could reflect investor optimism and economic stability, factors that typically favor the party currently holding office. As the election approaches, these financial indicators might play a crucial role in shaping voter sentiment and the eventual outcome.Nvidia continues to be a favorite among investors, with an impressive performance over the past two years.

On the other hand, there are people who regret having sold, for example, the investor Stanley Druckenmiller who recognizes that selling his position in Nvidia was a big mistake.On Nov. 14, it will be Nvidia's turn for its accounts and it expects revenues of $32.9 billion and earnings per share of $0.74.

 

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