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Current Bear Market Could Go On For Longer (If History Serves As Example) But One Sector Is Bucking The Downturn

Benzinga Real-time News ·  Nov 14, 2022 10:28

TheS&P 500is showing a recovery in November, but experts think it's still too early to tell if October's lows were this cycle's rough bottom: the situation hasn't improved enough to consider the equity markets in bull territory just yet.

The Three Major Indexes

The S&P 500's last peak happened on Jan. 3 of this year, hitting a record high of 4,818.62 in January 2022.

It's been a slow and tortuous ride down to the last low point of 3491.58 on Oct. 13.

While the index has recovered slightly since its lowest point of 2022 — closing this week at...

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