A few interesting things happened in the U.S. stock markets last week.
The S&P 500 closed more than 20% off its October lows on June 8th. At 248 trading days, the recent run back to a bull market was the longest bear run for the S&P since 1948. In doing so, it reached the 4,300 level that many analysts had seen as a potential target for this up move.
![](https://asascapital.com/wp-content/uploads/2024/09/August-30th-2024-2-300x200.webp)