Mar 9, 2019 - Economy
Bull market turns 10 today
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"Born in the ashes of the financial crisis, Wall Street’s oldest-ever bull market turns 10 years old [today], with the S&P 500 tripling in value," Reuters reports.
Reality check: The index's post-crisis low close was 676.53 on March 9, 2009; yesterday it closed at 2,743.07.
The bottom line: "The S&P 500 has turned in a handsome annualized return of 15 percent during the bull market," per Reuters, "with the consumer discretionary and information technology indexes each up about 20 percent annually."
