S&P 500’s Past 100 Days Were Its Best in Almost Nine Decades

  • Index has powered higher by 40% since March 23 bottom
  • Small sample size of similar gains shows rally continues
A jogger passes in front of the NYSE.Photographer: Michael Nagle/Bloomberg
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The S&P 500 has had a 100-day run for the record books.

Since bottoming March 23, the benchmark for American equities has rallied 40%, a feat not done for almost nine decades. If history is any guide, the gains have further to go, according to Bespoke Investment Group.