The S&P 500 Just Hit a Record High. The Stock Market Usually Does This Next.
The Motley Fool
JANUARY 23, 2024
The S&P 500 (SNPINDEX: ^GSPC) is commonly seen as a benchmark for the broader U.S. stock market. The index dipped into bear market territory on Jan. 3, 2022, dragged down by recession fears arising from fierce inflation and the expectation of aggressive interest rate hikes. It declined by as much as 25% before reaching the bottom of its cyclical trough on Oct. 12, 2022.
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