KXIP vs KKR Live Score

A market is traditionally considered to have turned from a bull to a bear market when the benchmark Standard & Poor's 500 index of major US stocks loses more than 20 percent of its value.

Stock market on the verge of breaking the record for longest bull market in history. Seoul's Kospi shed 0.1 percent to 2,271.56 and Sydney's S&P-ASX 200 retreated 0.2 percent to 6,253.00.

Stocks are wavering between small gains and losses as the USA market is poised to mark its longest bull run in history. Still, the trade-sensitive S&P industrial sector gained 0.67 percent. And many analysts say the bull market still has room to run.

The bull market in US stocks has set a record for longevity.

The US bull market will reach 3,453 days old today, its longest run ever.

The S&P 500 saw resistance near a new closing high, with the Dow Jones also closing lower on Wednesday.

The Russell 2000 index of smaller-company stocks gave up 5.49 points, or 0.3 percent, to 1,717.05.


The Dow Jones Industrial Average .DJI rose 63.6 points, or 0.25 percent, to 25,822.29, the S&P 500 .SPX gained 5.91 points, or 0.21 percent, to 2,862.96 and the Nasdaq Composite .IXIC added 38.17 points, or 0.49 percent, to 7,859.17.

The trade optimism helped Wall Street's three major indexes close higher on Monday, though they fell from session highs after President Donald Trump criticized the Federal Reserve for raising interest rates. The Nasdaq composite slipped 10 points, or 0.1 percent, to 7,878.

The minutes of Fed's August policy meeting on Wednesday may indicate the central bank's confidence in economic growth and commitment to future rate hikes.

Williams-Sonoma jumped 10.5 percent after reporting results that beat estimates.

Shares of Hartford Financial Services Group Inc (HIG.N) dropped 4.2 percent after the insurer said it will buy Navigators Group Inc (NAVG.O) in a $2.1 billion cash deal.

Apple rose 0.1 percent to 215.60 after BofA Merrill Lynch raised its price objective on the iPhone maker to $250. The S&P 600 closed at 1,091.20 for a gain of 1.79 points or 0.16%.

Key US economic indicators have been solid as unemployment hit an 18-year low of 3.8 percent in May (before rising slightly). The materials index was up 0.65 percent.


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