Five interesting facts about the longest bull market in history
US stocks have now been in a bull market for the longest time in history. Here are five interesting facts about this record run
Measured by the S&P 500 index, US stocks have now been in a bull market for the longest time in history. Here are five interesting facts about this bull market: 1. How do we know this is a record? The widely accepted definition is that a bull market exists until an index declines by more than 20% from its high. Although the S&P 500 index has had its ups and downs, it has never come off by 20% during this stretch. 2. When did this bull market start? Exactly 3,452 days ago today (August 22 2018) on March 9 2009, at the depth of the global financial crisis when stock markets tanked around the world. Since then the S&P is up 320%. The tech-heavy Nasdaq index has gone up by 521%. Barack Obama had been president of the US for five months when the bull market started.
3. How long will it last? The day before it broke the bull record, the S&P 500 reached an intraday record high of 2,873 points, beating its previous record high of 2,872 points on January 26 this year. This suggests tha...
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