U.S. Stocks Jump, Capping S&P 500’s Best 10-Day Gain Since 1938 - Bloomberg.com

U.S. Stocks Jump, Capping S&P 500’s Best 10-Day Gain Since 1938 - Bloomberg.com:

Writing on the heels of yesterday's near 500 point run up, Bloomberg reports that as measured by the Dow, the market has its "steepest two-week gain since 1938".

In case you wondered what followed in 1939 and later, it was a very choppy market. In part no doubt due to WW II. Here is a chart from Yahoo.

But lest you forget how far the market has fallen, consider these facts from the same Bloomberg article:

"The S&P 500 is still down 47 percent from its October 2007 record and the MSCI World is lower by 51 percent from its peak...."

But every mountain climbing expedition has to start somewhere and so far so good for stock investors.