The most gifted runners not only go faster and with a smoother gait. They also need less recovery time. The phase of the current bull market that pushed off the blocks six months ago is proving elite at refreshing itself with the briefest of respites before continuing forward to the next mile marker. The S & P 500 fell a maximum of 2.98% using intraday prices, nearly all of that in one day on Oct. 10, after President Donald Trump rhetorically re-escalated the U.S-China trade confrontation. The index then spent the next nine trading days inside that single-day range until it broke to a fresh high this past Friday, briefly surpassing 6,800, after an unthreatening CPI report removed one possible impediment to the two more Federal Reserve rate cuts expected by year's end. The main reason the C
Elite bull market takes control again with the S&P 500 touching 6,800 for first time ever
CNBC Investing12 hrs ago
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