How major US stock indexes fared Thursday 6/8/2023

How major US stock indexes fared Thursday 6/8/2023

SeattlePI.com

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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.

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