How US stocks rose 20% from their lows, and where they might be going
Published on: Thursday 08 June 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. stocks have defied fears of a recession, a banking crisis and soaring Treasury yields to rise 20% from their October lows - one definition of a bull market. The benchmark S&P 500 index closed at a low of 3,577.03 on Oct. 12, 2022, down 25% from its all-time high after the Federal Reserve unleashed a series of bruising interest rate increases to