S&P 500 exits longest bear market since 1948. What stock-market history says about what happens next.

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The S&P 500 ends its longest bear-market run since 1948. Here's a look at how the benchmark has fared after waving goodbye to past bears.

The S&P 500 on Thursday closed above the threshold that marked its exit from the longest bear market since 1948.Under the criteria used by Dow Jones Market Data and many other market watchers, a 20% rise from a recent low signals the start of a bull market while a 20% fall signals the start... The S&P 500 on Thursday closed above the threshold that marked its exit from the longest bear market since 1948.

See: S&P 500 exits bear-market territory. Will Big Tech’s rally finally spread to the broader stock market? So what does history say about what happens next? A look by Dow Jones Market Data at median and average performance following past bear-market exits, based on data stretching back to 1929, is largely positive for periods from one month to a year .The table shows that bear exits usually — but not always — lead to durable bull markets.

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