The S&P 500 index has fallen an average of 33% during bear markets in that time. The biggest decline since 1945 occurred in the 2007-2009 bear market, when the S&P 500 fell 57%.

But there was lone Wall Street bear, BCA Research’s chief global strategist Peter Berezin, whose year-end S&P 500 SPX target of 4,450 compared to the 6,500 average, and Oppenheimer’s 7,100 top.

New York – While it seemed scary and interminable, the bear market that Wall Street just exited turned out to be meeker than most. After the S&P 500 on Thursday closed at a level more than 20% ...

By entering a bull market, the S&P 500 effectively put an end to the bear market that began on Jan. 3, 2022. Officially, the bear market is considered to have ended on Oct. 12, 2022.

In contrast, Wall Street’s nickname for a surging market is a bull market, because bulls charge. The S&P 500, Wall Street’s main barometer of health, was down 1.2% in Monday afternoon trading.