The US stock market continued to defy gravity and edged up on Monday. The S&P 500 posted its eighth straight daily gain, marking its longest rally since 2017. Meanwhile, another milestone for the market’s bullish momentum is unfolding, based on the length of the increase in equity prices since the end of the last recession. Assuming that the current economic expansion continues through June, the current post-recession rally for the S&P 500 is on track for a record-setting endurance run.
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