A Quick Bear Market Would Be Historical Anomaly

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stocks are staging a remarkable two-day rally, but many analysts are calling the recent run a rally within a bear market

U.S. stocks are staging a remarkable two-day rally, but the worst likely isn’t over for the equities market.

Major indexes surged Tuesday for a second consecutive day on hopes that the spread of the coronavirus pandemic was slowing. The S&P 500 climbed 2.9% to 2740 in midday trading, building on its mammoth 7% gain from Monday. The index is on the cusp of exiting from a bear market by traditional definitions, based on its 20% jump from its March 23 low.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Bear is channeling his inner Bull 🤔

This prove that the market (WS) have no relation with the economy of majority of people. I hope one day tax payers realize that they don't need the market.

This is how a rally within a bear market looks during a Pandemic:

I thought the textbook definition was a 20% increase from the low point? We’ve hit that so that means we’re in a bull market, yes?

I cannot imagine it being otherwise.

Right It took a month to lose ~10,500 point from the 29000 high on Feb. 20th. It has regained half that back in 2 weeks! If you not in your missing the opportunity of a lifetime!..it was NEVER a BEAR market

May be a 'W' pattern if not an 'U'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines