The Zhitong Finance App learned that Wall Street ushered in the second anniversary of the current bull market, and the S&P 500 index rebounded more than 60% from a bearish low. Although the COVID-19 pandemic and the intensification of the Russian-Ukrainian conflict in early 2022 had a major impact on the global economy, causing inflation to soar, the S&P index has risen 62.6% to close at a record high of 5815.03 points since October 12, 2022, when it hit the bottom of 3577.03 points. The main drivers of this bull market include a surge in artificial intelligence (AI) trading, strong performance by big tech stocks, and market optimism that the Federal Reserve may achieve a soft landing in the economy.

The Zhitong Finance App learned that Wall Street ushered in the second anniversary of the current bull market, and the S&P 500 index rebounded more than 60% from a bearish low. Although the COVID-19 pandemic and the intensification of the Russian-Ukrainian conflict in early 2022 had a major impact on the global economy, causing inflation to soar, the S&P index has risen 62.6% to close at a record high of 5815.03 points since October 12, 2022, when it hit the bottom of 3577.03 points. The main drivers of this bull market include a surge in artificial intelligence (AI) trading, strong performance by big tech stocks, and market optimism that the Federal Reserve may achieve a soft landing in the economy.