From Fool.com…..
This has been a history-making year in more ways than one. The unprecedented coronavirus pandemic initially clobbered equities and sent them into a first-quarter tailspin. The 34% the benchmark S&P 500 lost in under five weeks represents the quickest bear market decline of at least 30% in history.
Following this historic plunge, investors saw the S&P 500 recoup everything that was initially lost (and then some) in a roughly five-month rally. This marked the quickest recovery on record from a bear market bottom to fresh highs.