S&P 500’s historic rebound leaves investors divided on future
The S&P 500 nearly closed at an all-time high on Wednesday and remains poised to go from peak to trough to peak in less than half a year.
By the numbers: Since hitting its low on March 23, the S&P has risen about 50%, with more than 40 of its members doubling, according to Bloomberg. The $12 trillion dollars of share value that vanished in late March has almost completely returned.
What’s happening: The record-breaking rebound has divided investors, with some betting on a new bull mark…