(Bloomberg) -- From a technical perspective, the volatility over the past two months has done a lot of damage to the S&P 500 Index. Yet, by one measure, the nine-year bull market remains intact, for now. The benchmark equity gauge -- which gained 2.9 percent last week after a 7 percent rout in the prior period -- is still above its weekly trend line since the bull phase began in 2009. For more market commentary, see the MLIV blog.
To contact the reporter on this story: Ye Xie in New York at yxie6@bloomberg.net
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net;Michael P. Regan at mregan12@bloomberg.net
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