Stock market sentiment is mixed as investors consider whether the recent surge is just another bear market rally. AdvertisementThe stock market's 9% rally from lows reached on May 20 have investors wondering if it's just another bear market rally or a sustainable move higher. In fact, bear market rallies are actually common, Bank of America said in a Thursday note. "The 1932-33 bear market, which lasted 116 trading days (-40% peak to trough), had six distinct 10%+ rallies," Bank of America said in highlighting just one example of prior bear market rallies. While some investors anticipate that the current market rally is poised to run out of steam, others are getting more bullish.

Source: Economic Times June 02, 2022 20:22 UTC