New York The S&P 500 could finish Tuesday at a new record high -- its first since the pandemic hit and exceeding its all-time high from February. That would mean it took Wall Street less than five months to go from nadir to new record, and the 2020 bear market would be the shortest in history.
The magic closing number for the S&P 500 is 3,385.15. Monday's close was just 25 points, or about 0.7%, below that point.If all falls into place, the coronavirus bear market will have been the shortest ever at just 1.1 months, according to S&P Indices' Howard Silverblatt. It will almost certainly be the fastest recovery on record.Although the index is on track for a record, it doesn't meet everyone's definition of a new bull market just yet.
I can’t believe you tweeted this. It goes against everything you stand for
When the S&P 500 hits new highs Trump always does something cocky. So be prepared readers.
Thank you President Trump. If the Democrats would work to gather and not make all decisions political for power think of where our country would be. That is why we nee 4 more years of Trump policies and take back the House from Pelosi who is using the people to regain power. Sad
Thank you Trump...or does Obama get credit on this
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