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The bull market is five years old. Does that mean it’s nearly over?

Share prices have had a long rise, yes – but not an exceptionally steep one

22 March 2014

9:00 AM

22 March 2014

9:00 AM

There were no fireworks, and not much champagne. Indeed, it wasn’t an anniversary that many people noticed. But on 9 March, the bull market in equities was five years old. It was on that day back in 2009 that the Dow Jones Industrial Average, the key global benchmark for stocks, edged down another 80 points to close at 6,547, its lowest level since 1997.

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