One-Week Rebound in S&P 500 Means Another Beast Slain for Stocks
- Stocks reclaimed record, erasing worst loss in eight months
- BofA data showed clients remained net sellers of equities
Three Charts Showing Bullish Sentiment May Be Fading
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It was supposed to be the punch that landed.
Only seven days ago, freshly arrived at its 17th record of the year, the S&P 500 Index absorbed a body blow that many thought would end six months of peace in equities. Scrutiny was spiraling around Donald Trump’s presidency, and more than $300 billion was erased from U.S. stocks in the biggest rout since September.