Investors on Saturday will celebrate the 10-year anniversary of the longest bull market on Wall Street since World War II. The rally has generated a gain of nearly $18 trillion in the index’s market value, according to S&P Dow Jones Indices.
Traders on the floor of the New York Stock Exchange on March 4, 2019. Wall Street's bull market celebrated its 10th anniversary Saturday, the longest since World War II.
They were right, and what a snap-back it proved to be, as stock prices then took off in what eventually would become a record long-term rally. Many of those head winds have occurred in just the last few months, after the market reached record highs. They included the Federal Reserve’s raising of interest rates last fall, the escalating U.S. trade battle with China that lifted tariffs on both sides, fears that the nine-year U.S. economic expansion was about to end and a surge in market volatility, with the Dow swinging by hundreds of points each way in a single session.
Why has this bull lasted so long? Analysts point to three main reasons: Interest rates have remained low during the last 10 years, inflation has remained subdued and the economy and corporate profits have kept growing. With the economy growing again, the central bank has been shrinking its bond portfolio and lifting short-term rates. Some analysts suggested those moves have contributed to the market’s recent volatility, such as in December when stocks tumbled and the S&P 500 dropped 9.2% for the month.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Revealed: The 10 Best And 10 Worst Places For Women To WorkA survey lists the best and worst countries to work abroad. You won't believe the U.S. results.
Weiterlesen »
Revealed: The 10 Best And 10 Worst Places For Women To WorkIn these countries, female expats’ satisfaction with their work-life balance, working hours and job security is above average: IWD2019
Weiterlesen »
Revealed: The 10 Best And 10 Worst Places For Women To WorkA survey lists the best and worst countries to work abroad. You won't believe the U.S. results.
Weiterlesen »
NBC/WSJ poll: 4 out of 10 would reelect TrumpA new NBC News/Wall Street Journal poll says that approximately four out of 10 voters would re-elect President Donald Trump
Weiterlesen »
These are the 10 happiest and healthiest states in AmericaThese are the 10 happiest and healthiest states in America via CNBCMakeIt
Weiterlesen »
10 Things I Wish Someone Had Told Me Before I Stopped Eating MeatIt's totally doable — but there are a lot of ways to make the change easier.
Weiterlesen »
10 things you use every day you should always buy at Costco10 things you use every day you should always buy at Costco via CNBCMakeIt
Weiterlesen »
Morata double keeps up 10-man Atletico's Barca chaseAtletico Madrid kept up their pursuit of La Liga leaders Barcelona with an Alvar...
Weiterlesen »
'Everybody was a friend:' Alabama 10-year-old among tornado's deadly tollA weekend camping trip ended in tragedy for 10-year-old Taylor Thornton, identif...
Weiterlesen »