Does This Bull Market Have Legs? -- WSJ

Dow Jones06-27 01:02

By Gunjan Banerji

Stocks have drifted to dozens of records this year, a run that has shown no signs of slowing down this summer.

The gains have sent the S&P 500 up 53% since its low in 2022. The broad stock-market gauge has been in a bull market for 427 days.

To put the recent rally in context, the average S&P 500 bull market since 1957 has lasted 1,141 days, or more than three years, according to Dow Jones Market Data.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 26, 2024 13:02 ET (17:02 GMT)

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