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Wall Street is back to running. Is it a bull trap or is there strength to carry on?

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The S&P 500 index broke the trail of seven straight weeks in the red, gaining 6% from 23 to 27 May

by Vito Lops

30 maggio 2022

Ap

Wall Street has started running again. But is it a false start or the beginning of a new course? The S&P 500 index broke the trail of seven straight weeks in the red, gaining 6% from 23 to 27 May. The Dow Jones, whose downturn lasted eight weeks as it hadn’t since 1923, also rebounded. In terms of performance even more marked (+ 9%) the reaction of the technological Nasdaq which, however, is the one that has been paying the most duty since the beginning of the year (-24%) compared to -15% of the S&P 500.

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