The S&P 500 closed +7.79, or +0.23% at 3,389.78, a new record high after a bear market bottomed out on March 23. The proxy for U.S. equity markets is now +55%, and well into bull market territory. It’s the fastest recovery from bear market territory in the history of the index.
The NASDAQ Composite (^IXIC) closed +81.11, or +0.73% at 11,210.84. That’s the 34th record close of the year for the index.