Will the S&P 500 Soar in the Double Digits This Year? History Offers a Compelling Answer.

The stock market wasn't looking very bright just a few weeks ago. The S&P 500 (SNPINDEX: ^GSPC) sank more than 15% to a low in April and even temporarily entered bear market territory. The situation wasn't any better for the Nasdaq Composite (NASDAQINDEX: ^IXIC), which crashed into a bear market, and the Dow Jones Industrial Average (DJINDICES: ^DJI), which also posted significant declines.The reason for the turmoil? Concerns about the economy. President Donald Trump had announced an import tariff plan, and investors worried this would result in higher prices at home -- and a weight on corporate earnings and the general economy. Since, Trump has made initial trade deals with the U.K. and China, at lower-than-expected tariff levels, which has eased investors' minds.As a result, indexes have recovered, each reaching into positive territory for the year, and the S&P 500 has posted a gain of more than 2% as of the June 11 market close.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool