The S&P has been in a bear market since plummeting early this year as investors priced in the expectation of aggressive Federal Reserve interest rate hikes, but the index has rallied strongly since June, regaining half its losses for the year.
SpaceX shareholders approve 5-for-1 stock split ahead of much-awaited IPO: Report
SpaceX shareholders have approved a five-for-one stock split. The company is preparing for a major stock market debut. SpaceX aims to list its shares on