The S&P 500 has doubled on a closing basis from its Covid trough of 2,237.40 on March 23.
It took the market 354 trading days to get there, marking the fastest bull market doubling off a bottom, according to a CNBC analysis of data from S&P Dow Jones Indices going back to WWII.
On average, it takes bull markets more than 1,000 trading days to reach that milestone, the analysis showed.
Submitted August 27, 2021 at 10:04AM by 16431879196842 https://ift.tt/2UWdp2K
