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5% S&P 500 pullback history indicates potential record-setting rebound continuation.
Stock market's record-setting rebound may continue, as history suggests stocks tend to build momentum after similar-sized pullbacks. The S&P 500, up 11% YTD, has seen a median gain of 17.4% following 5% pullbacks. Amid a cooling economy, recent signs of reduced inflation have helped major US stock indexes reach record highs. Market strategists expect further gains if the current bounce aligns with past patterns.
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