The S&P 500 is in a bull market. Here's what that means and how long the bull might run
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 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. Here are some answers to questions about bull and bear markets: WHY IT IS CALLED A BULL MARKET? Wall Street’s nickname for a surging stock market is a bull market because bulls charge, said Sam Stovall, chief investment strategist at CFRA. In contrast, bears hibernate, so bears represent a market that’s retreating. WHEN DID THE NEW BULL MARKET BEGIN? This latest bull market is considered to have begun on Oct. 13, 2022, a day after the S &P 500 closed at its most recent low of 3,577.03. WHY HAS THE MARKET RALLIED? Largely because the economy has defied predictions by not falling into a recession, at least not yet. Markets tumbled last year on fears about how the worst inflation in decades would ravage the economy....