The bulls have been running for 3 years now.
For the first four months of 2025, it didn’t look like the bull market that began in late 2022 would survive. Some analysts say it didn’t and that the rally that began in May was the start of a new bull market.
But most Wall Street analysts and strategists say that 2025 was a continuation of the bull market that began in late 2022, making it more than three years old – and counting.
As of the close of the markets on December 24, the was up about 18% year-to-date reaching an all-time high of roughly 6,932. This follows returns of 24% in 2023 and 23% in 2024.
The rose about 22.3% in 2025 to about 23,613, which is close to an all-time high. This follows gains of 43% ion 2023 and 28% in 2024.
The has gained 14.5% in 2025 and hit an all-time high on December 24, closing at 48,731. The Dow returned 13.7% and 12.9% the previous two…