Stocks 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.
On Thursday:
The S&P 500 rose 26.41 points, or 0.6%, to 4,293.93.
The Dow Jones Industrial Average rose 168.59 points, or 0.5%, to 33,833.61.
The Nasdaq composite rose 133.63 points, or 1% to 13,238.52.
The Russell 2000 index of smaller companies fell 7.67 points, or 0.4%, to 1,880.78.
For the week:
The S&P 500 is up 11.56 points, or 0.3%.
The Dow is up 70.85 points, or 0.2%.
The Nasdaq is down 2.24 points, or less than 0.1%.
The Russell 2000 is up 49.87 points, or 2.7%.
For the year:
The S&P 500 is up 454.43 points, or 11.8%.
The Dow is up 686.36 points, or 2.1%.
The Nasdaq is up 2,772.04 points, or 26.5%.
The Russell 2000 is up 119.53 points, or 6.8%.
Sourse: abcnews.go.com
