Updated
Updated · Bloomberg · May 29
S&P 500 Rally Slows After 19% Surge Nears Two-Sigma Threshold
Updated
Updated · Bloomberg · May 29

S&P 500 Rally Slows After 19% Surge Nears Two-Sigma Threshold

2 articles · Updated · Bloomberg · May 29
  • 41 trading sessions after its March low, the S&P 500 has climbed more than 19% back to record highs, but that two-month advance has now slowed sharply.
  • DataTrek Research said the move is nearing a “two sigma” rally — about two standard deviations above the average 100-day return — signaling the easiest gains may already have been captured.
  • That setup leaves the benchmark at an unusual statistical extreme, suggesting further upside may be harder to sustain even with the index sitting at all-time highs.
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