Stocks rose just enough for Wall Street to barrel into a new bull market Thursday as the S&P 500 keeps rallying off its low from last autumn.
The index rose 0.6 percent to carry it 20 percent above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of a painful bear market, which saw it drop just over 25 percent over roughly nine months. That’s shorter than a typical bear market, and it also resulted in a shallower loss than average.
On Thursday:
The S&P 500 rose 26.41 points, or 0.6 percent, to 4,293.93.
The Dow Jones Industrial Average rose 168.59 points, or 0.5 percent, to 33,833.61….