The S&P 500 is in a bull market. Here's what that means and how long the bull might run

Associated PressFILE- This Oct. 18, 2008 file photo shows the Charging Bull sculpture in New York City's Financial District. The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low.

Markets tumbled last year on fears about how the worst inflation in decades would ravage the economy. More precisely, Wall Street got spooked by the aggressive measures the Federal Reserve took to combat high inflation. Inflation, meanwhile, has eased off since hitting a peak last summer. That has Wall Street hoping for the Fed to soon stop hiking interest rates.

That keeps up the pressure on the overall economy and particularly on the banking and manufacturing industries, which have already shown some cracks.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market News: GameStop shares slump, S&P 500 near bull market, SCOTUS on student loansS&P 500 nears bull market, jobless claims jump, GameStop fires CEO and Ryan Cohen takes over, Carvana recovers and SCOTUS on student loans. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Asian Stock Market: S&P500 Futures, yields join central bank, growth chatters to tease bearsAsian Stock Market: S&P500 Futures, yields join central bank, growth chatters to tease bears – by anilpanchal7 Asia SP500 YieldCurve RiskAversion Equities
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stock market today: Bulls run again on Wall Street as S&P 500 climbs 20% above October lowStocks rose just enough for Wall Street to barrel into a new bull market Thursday as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6% to carry it 20% above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of a painful bear market, which saw it drop just over 25% over roughly nine months. That’s shorter than a typical bear market, and it also resulted in a shallower loss than average. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1%.
Source: AP - 🏆 728. / 51 Read more »